In the Margins

Is this woman turning around PIMCO?

January 31, 2017

By Bloomberg

Jackie Hunt is the 48-year-old South African who runs Allianz’s asset management and U.S. life insurance divisions and in July, she took over responsibility for PIMCO and Allianz Global Investors. On her watch, PIMCO reported its first net inflows since 2013, ending a painful period that culminated in the departure of star co-founder Bill Gross. “It’s great to come in at a point in time that’s an inflection point,” she said. “But this is a result of a lot of effort by a lot of people before I arrived.” Read the original story from Bloomberg.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...