Founded in 1971 with USD 12 million in assets under management, PIMCO today with over USD 800 billion (as of March 31, 2008) in assets and more than 1000 employees in offices all over the world is one of the largest specialty fixed income managers in the world.
PIMCO's mission is to enrich and preserve client assets and to provide clients with the highest quality investment management service.
PIMCO is committed to being the best fixed income manager in the world. By combining topflight talent, cutting edge technology and a long-term investment approach, investment professionals work around the globe in an effort to provide their clients with consistently superior returns and client service second to none.
- Making major shifts in portfolio strategy based on long-term or secular trends, as opposed to short-term aberrations in interest rates.
- Achieving consistent investment performance by avoiding extreme swings in either maturity or duration.
- Placing emphasis on adding value through multiple, diversified strategies combined with volatility analytics, and adjustments to traditional variables such as sector, coupon and quality.
PIMCO's focus for adding value emphasizes moderate risk-taking across multiple portfolio dimensions. The company strives to exploit value from all techniques and sectors available, while taking moderate risk in each. Therefore, the sources of added value are well-diversified, leading to greater consistency of performance.
PIMCO is a trendsetter in the fixed income industry, and has been throughout its 37-year history. The company was at the forefront in sectors like mortgage-backed securities and emerging market bonds. It remains at the forefront today, pioneering the use of innovative solutions for its clients, including portable alpha and absolute return strategies. A flat management structure allows PIMCO to focus on client needs and respond quickly to an ever-changing external environment.