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Aug 18 Pimco said on Monday it hired Mohsen
Fahmi, formerly of Moore Capital Management, as managing
director and generalist portfolio manager focusing on global
fixed income assets.
Fahmi, who will report to Mihir Worah, deputy chief
investment officer at Pimco, served in various capacities at
Moore Capital, most recently as a senior portfolio manager.
Fahmi will begin with Pimco on September 2.
Fahmi spent 11 years at Moore in both London and New York,
including three years as its chief operating officer. Prior to
that, Fahmi worked for a number of investment banks, including
Salomon Brothers, Goldman Sachs and J.P. Morgan.
Since the abrupt departure of Mohamed El-Erian in January,
Pimco has undergone a leadership shakeup that has included the
hire of Paul McCulley, managing director and chief economist, a
new role for the Newport Beach, California, firm.
Pimco, which oversees $1.97 trillion in assets as of June
30, has hired senior talent across its broad investment platform
throughout this year.
Recent hires include: Sudi Mariappa, as managing director
and generalist portfolio manager; Geraldine Sundstrom, as
managing director and portfolio manager who will assume a
leadership role in asset allocation; Rick Chan, as executive
vice president and portfolio manager focused on interest rate
derivative strategies; Jason Goldberg, as executive vice
president and portfolio manager focused on equity derivative
strategies; Harley Bassman, as executive vice president and
portfolio manager focused on volatility trading; and Ethan
Schwartz, as executive vice president and portfolio manager
focused on distressed credit.
(Reporting by Jennifer Ablan; Editing by Dan Grebler)