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

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

Rating:Hodge Hires an Ex-Fed Chairman Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 29, 2015

Hodge Hires an Ex-Fed Chairman

Reported by Neil Anderson, Managing Editor

The former chief of the U.S. central bank, which sets interest rates, is teaming up with one of the world's largest fixed income asset managers.

Ben S. Bernanke
The Brookings Institution
Distinguished Fellow In Residence, Economic Studies
Today Doug Hodge, CEO of Pimco [profile], confirmed that former Federal Reserve chairman Ben Bernanke is joining up as a senior advisor to the Allianz subsidiary. The move comes three months after former White House advisor Gene Sperling joined Pimco as a consultant "on U.S. economic policy issues," two months after chief economist Paul McCulley made his third departure from Pimco, and seven months after Pimco co-founder and star PM Bill Gross left the firm.

Bernanke isn't the first ex-Fed chair to team up with Pimco. Kirsten Grind of the Wall Street Journal notes that Alan Greenspan, Bernanke's predecessor atop the Fed, advised Pimco from 2007 to 2011.

And this isn't Bernanke's only new gig advising a prominent asset manager. Earlier this month hedge fund shop Citadel revealed that Bernanke was joining, in a position that has the same title as his new one at Pimco. (A spokeswoman for the Brookings Institution confirms to Bloomberg that Bernanke will also continue to be a full-time distinguished fellow in residence at the Washington-based think tank.)

Dan Ivascyn, group chief investment officer at Pimco, confirms that Bernanke has already participated in two of Pimco's "quarterly economic forums."

In addition to Bloomberg and the WSJ, a host of other publications have jumped on the Bernanke-Pimco move. They include: Barron's, DealBreaker, the Financial Times, Fortune, Investor's Business Daily, the LA Times, the New York Times, the Orange County Business Journal, and the Washington Post

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
2025: Q3Q2Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
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


    Sorry, no records in the database matched your search parameters. Clich back and try again.



  1. Nicsa webinar - New research by Alex Edmans and the Diversity Project - The Power of diverse thinking: How the best teams make decisions, July 1
  2. MFDF Director Discussion Series - Open Forum, July 9
  3. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 10
  4. MFDF Director Discussion Series - Open Forum (Philadelphia), July 15
  5. 2025 MMI Women in Advisory Solutions Forum, Jul 15-16
  6. Nicsa webinar - How Trusted GenAI is Transforming Data Access in Asset Management, July 16
  7. MFDF webinar - M&A and Consolidation in Asset Management, July 16
  8. MFDF webinar - ETF Conversions, July 17
  9. MFDF Director Discussion Series - Open Forum (New York), July 22
  10. MFDF Ask Anything webinar - AI Edition, July 24
  11. MFDF webinar - Use of Derivatives by RICs, July 29
  12. MFDF Director Discussion Series - Open Forum (Columbus, Ohio), August 20
  13. Samfund Soiree Boston 2025, August 21
  14. MFDF webinar - The Audit Committee Chair's Guide to Balancing Duties and Emerging Issues, September 3
  15. ICI ETF Conference, Sep 8-10
  16. Nicsa webinar - Reimagining Reconciliation: AI, Regulation, and Capital Markets Transformation, September 10
  17. MFDF webinar - Series Trust Funds - Compliance and Board Reporting, September 10
  18. MFDF In Focus - Board Oversight of DEI in Current Landscape, September 11
  19. MFDF webinar - MFDF 15(c) White Paper Webinar Series: Part 4 – Enforcement Action Takeaways, September 16
  20. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  21. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  22. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  23. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  24. 10th annual Fuse Forum, October 8
  25. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  26. 2025 MMI Annual Conference, Oct 15-17




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use