Pacific Investment Management
- Pacific Investment Management
The Pacific Investment Management Company, LLC (PIMCO) is an investment company and runs the Total Return fund, the world's largest bond fund. Founded in 1971 in Newport Beach, California with just $12 million in assets under management at the time, it is now owned by Allianz, a global insurance company based in Munich, Germany.
Both Bill Gross and Mohamed A. El-Erian are co-chief executive officers and co-chief investment officers of PIMCO's Total Return Fund. As of December 31, 2007, PIMCO in total had over $746.3 billion in assets under management and more than 900 employees.
On May 16th 2007, former Federal Reserve Chairman Alan Greenspan was hired as a special consultant by PIMCO and he will participate in Pimco’s quarterly economic forums and speak privately with the bond manager about Fed interest rate policy. [cite news |authorlink=Associated Press |author=Associated Press |title=Pimco hires Alan Greenspan as consultant |url=http://www.msnbc.msn.com/id/18703142/ |work=MSNBC.com |publisher=MSNBC |date=2007-05-16 |accessdate=2007-05-27]
References
External links
* [http://www.pimco.com Company home page]
* [http://biz.yahoo.com/ic/41/41978.html Yahoo! - Pacific Investment Management Company LLC Company Profile]
Wikimedia Foundation.
2010.
Look at other dictionaries:
Pacific Investment Management — PIMCO Logo PIMCO, die Pacific Investment Management Company, LLC, ist eine Kapitalanlagegesellschaft, die sich auf verzinsliche Wertpapiere (Anleihen, Renten, engl. Bonds) spezialisiert hat. Sie wurde 1971 in Newport Beach, Kalifornien, gegründet … Deutsch Wikipedia
Pacific Investment Management Company — PIMCO Logo PIMCO, die Pacific Investment Management Company, LLC, ist eine Kapitalanlagegesellschaft, die sich auf verzinsliche Wertpapiere (Anleihen, Renten, engl. Bonds) spezialisiert hat. Sie wurde 1971 in Newport Beach, Kalifornien, gegründet … Deutsch Wikipedia
Investment management — is the professional management of various securities (shares, bonds etc.) and assets (e.g., real estate), to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds,… … Wikipedia
Management Development Institute — Motto Yogah Karmasu Kaushalam (Sanskrit) from the Gita 2:50 Motto in English Pefection in action is Yoga An act becomes perfect when you do it with all joy and without expecting anything in return … Wikipedia
List of asset management firms — This is a list of corporations that provide financial asset management.*Abernathy Group *ABN AMRO Asset Management *Acadian Asset Management *AllianceBernstein *Allianz Global Investors *Ameriprise Financial, Inc. *ARM Investment Managers… … Wikipedia
List of UCLA Anderson School of Management people — The list of UCLA Anderson School of Management people includes notable graduates, professors and administrators affiliated with the UCLA Anderson School of Management. Alumni Advertising/Marketing*Robert Humphreys (BS 1947) Chairman of the… … Wikipedia
Pacific Trade and Development Conference — (PAFTAD) Secretariat Australian National University Type Economic Conference Establishment 1968 Website … Wikipedia
Harvard Management Company — Infobox Company company name = Harvard Management Company company company type = Nonprofit foundation = 1974 location = Boston, Massachusetts key people = Jane Mendillo, CEO and President Marc Seidner, Vice President for Domestic Fixed Income… … Wikipedia
Pacific Press Publishing Association — The Pacific Press Publishing Association, or Pacific Press for short, is one of two major Seventh day Adventist publishing houses in North America. It was founded in 1874 by James White in Oakland, California, and is now located in Nampa, Idaho.… … Wikipedia
Pacific Coast — ▪ region, North America region, western North America, possessing two unifying geologic and geographic properties the Pacific Ocean, which constitutes a natural western border, and the coastal mountain ranges that form the eastern border of … Universalium
