PIMCO has hired Virginie Maisonneuve as Managing Director, Global Head of Equities and Portfolio Manager. She joins PIMCO from Schroders Plc, where she most recently served as Head of Global and International Equities. Ms. Maisonneuve will be based in the firm’s London office. Her official start date is currently expected to be in January 2014.
Said Mohamed A. El-Erian, PIMCO's CEO and co-CIO: “Virginie is a proven equity investor and leader who has delivered a track-record of success for clients throughout her 25-year career as a portfolio manager and a business builder. We are delighted to have Virginie on board as part of our multi-year effort to deepen and expand the set of global investment solutions we provide to clients around the world.”
In her new role, Ms. Maisonneuve will lead PIMCO's active equity portfolio management, contributing also to the development and introduction of new equity and asset allocation strategies.
PIMCO's equity offerings total more than $50 billion in assets under management. Going forward, the firm will continue with its strategy of carefully adding resources and introducing additional strategies in equities, alternatives, ETFs and other areas to help our clients meet their long-term investment objectives.
"Together with PIMCO’s existing active equity portfolio management teams and our highly-successful StocksPlUS strategies, Virginie will play an instrumental leadership role in enhancing the many ways we serve our clients in the years to come,” added Dr. El-Erian.