Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating: Email Routing List Email & Route  Print Print
Monday, November 17, 2014

"We Are Pimco." Are You?

News summary by MFWire's editors

People, investors included, like to chase stars, but what's a fundster to do when their star leaves?

In the wake of Bill Gross' dramatic departure in late September, Pimco [profile] CEO Doug Hodge has been emphasizing the strength of his team at the once star-driven fixed income giant. And Hodge is still adding to that team, too. Fundsters looking for a new job, it's time to brush up your resumes.

Luciana Lopez of Reuters talked to Hodge last week at the annual meeting of SIFMA (the Securities Industry and Financial Markets Association, a trade group full of broker-dealers). Hodge reportedly revealed that Pimco will be revealing more new hires soon, and he characterized hiring top PMs and traders as a big priority for him. He also described Pimco as driven by not one but many stars.

Pimco's ads at SIFMA, Reuters reports, featured the slogan "We are Pimco."

It's hard to build a team brand in the shadow of a giant star. But once the star leaves, or fades, or collapes, well, that team branding becomes oh so important. Just ask post-Peter Lynch Fidelity or post-2008 Legg Mason. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use