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PIMCO

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18 reviews

About PIMCO

Pacific Investment Management Company (PIMCO) is fixated on fixed-income products. With more than $1.3 trillion of assets under management, the company is one of the world's foremost bond fund managers. PIMCO oversees more than 70 mutual funds invested in such financial instruments as corporate paper, emerging markets debt, municipal bonds, mortgage-backed – more... securities, credit default swaps, and real estate investment trusts (REITs), as well as stocks. The company also offers managed accounts, extrange-traded funds, and financial advisory services. Serving both retail and institutional investors, PIMCO has about 10 offices worldwide. It is a subsidiary of German insurance giant  Allianz.

PIMCO's parent company reorganized its asset management business in 2012. The new structure aligned PIMCO, and affiliate Allianz Global Investors, under the holding company, Allianz Asset Management. PIMCO is now the global distributor of its products. The change gave PIMCO more independence from Allianz as it expands into the equities business.

PIMCO's total assets under management passed the trillion-dollar milestone for the first time in late 2009, signalling a boom in the bond markets as customers sought to diversify their portfolios in the wake of turbulent equity markets. The company's PIMCO Total Return Fund is the largest bond fund in the US by assets, and is among the largest mutual funds, period. PIMCO founder and co-chief investment officer Bill Gross is largely credited with the success of the Total Return Fund, which has driven PIMCO's growth in assets under management.

Founded in 1971, PIMCO was acquired by Allianz in 2000. In addition to its headquarters in Newport Beach, California, the firm also has offices in Amsterdam, Hong Kong, London, Munich, New York, Singapore, Sydney, Tokyo, Toronto, and Zurich. – less

PIMCO Employer Reviews
Portfolio Management Support (Former Employee), Newport Beach, CAMay 5, 2015
Operations Associate - Tax Operations (Current Employee), New York, NYDecember 11, 2014
Administrative Assistant (Current Employee), Newport Beach, CAJuly 30, 2014
Marketing Analyst (Current Employee), New York, NYFebruary 21, 2014
Consultant (Former Employee), New York, NYFebruary 18, 2014
PIMCO Salaries
Administrative Assistant
$60,000 per year
Based on 3 employees
$50,000$65,000