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

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

Rating:Hodge Shares His Pimco Vision: More Risk, and More International Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, November 25, 2015

Hodge Shares His Pimco Vision: More Risk, and More International

News summary by MFWire's editors

Doug Hodge has a "renewal" plan for Pimco [profile], and the focus is on products and locales that are outside Pimco's old focus.

Douglas M. Hodge
PIMCO
Chief Executive Officer
Neil Callanan and Dalia Fahmy of Bloomberg highlighted remarks that the Pimco CEO made today at an Allianz conference in Munich. (Germany-based Allianz is Newport Beach, California-based Pimco's parent.)

Per the wire service, Hodge sees more of Pimco's growth coming from less-traditional, higher risk fixed income products and alternatives, as well as from clients overseas, especially in China. At the end of Q3 2015, Pimco had $1.4 trillion in AUM, including about $1.05 trillion managed for clients. Bloomberg reports that currently about 65 percent of those client assets are in the Americas, versus 23 percent in Europe and 12 percent Asia-Pacific.

Hodge's comeback twist talk comes at the of a rough couple of years for Pimco. In 2014 its prior CEO and its famous co-founder both left, and its flagship Total Return Fund has suffered 30 straight months of net outflows

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
2024: Q2Q1
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




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use