GLOBAL - PIMCO has hired five new investment staffers in London, New York and Singapore to round out its emerging markets equities team, with two joining from Goldman Sachs Asset Management (GSAM).
John Longhurst, head of emerging markets equity research, and Richard Flax, emerging markets equity analysts are both senior vice presidents based in London. Longhurst was previously partner and global analyst with Capital International Research while Flax was executive director of equity research at GSAM.
Andrew Pyne, senior vice president and emerging markets equity portfolio manager based in New York, was previously managing director and client portfolio manager at GSAM.
Laura Schlockman is also based in New York. She is equity product manager and joined from Oppenheimer Funds where she served in a similar capacity.
Raymond Goh is an equity trader in Singapore. He was previously a trader at Capstone Investment Advisors.
PIMCO, traditionally a bond manager, made a high-profile entry into the equities markets in 2010.
In April 2011, the firm launched two emerging markets equities products - PIMCO Emerging Markets Fund and the PIMCO Emerging Multi-Asset Fund.
Neel Kashkari, managing director and head of global equities at PIMCO said: "PIMCO has attracted extraordinary talent to our equity investment platform. These five new hires will enable us to strengthen further our emerging markets equities capabilities and enhance PIMCO's ability to deliver value to our clients around the world."
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