What Kind Of Clients Pacific Investment Management Company Serves
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Pacific Investment Management Company is investment companies with 224 clients and $738.51 billion of assets under management. Among the 10 most similar advisory firms, Pacific Investment Management Company has the 5th highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $2.19 trillion for 2,352 clients that can include trusts, estates, and 401 plans and IRAs of individuals and their family members. 7% of the firms clients are foreign persons or businesses.
Pacific Investment Management Company also advises several private funds. Namely, one hundred twenty eight hedge funds and six securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $340,000,000.
Pacific Investment Management Company Llc
Pacific Investment Management Company LLC is a large advisory firm based in Newport Beach. It manages $2.2 trillion of regulatory assets for 2,377 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Pacific Investment Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and certain non-discretionary services. It doesn’t provide financial planning services to its clients. On top of advisory services, the firm doesn’t engage in other business activities.
Pacific Investment Management Company Llc In Newport Beach Ca
Find information on Pacific Investment Management Company LLC, including this business’ SIC code, NAICS code and General Liabilility Class code.
Pacific Investment Management Company LLC is primarily engaged in Pacific Investment Management Company is fixated on fixed-income products. With more than $1.5 trillion in 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 securities, credit default swaps, and real estate investment trusts , 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.
Pacific Investment Management Company LLC is located at 650 Newport Ctr Dr Newport Beach, CA 92660-6392. If your looking for Investment Services in Newport Beach, California – check out Pacific Investment Management Company LLC.
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Pacific Investment Management Company LLC |
- Futures advisory service
Pacific Investment Management Company LLC’s NAICS code is: 523930 – Investment Advice
523930 – Investment Advice
Pacific Investment Management Company LLC’s GL Class Code is:
General Liability Class Code
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Pacific Investment Management Company
Pacific Investment Management Company, LLC , is an American multinational investment management firm headquartered in Newport Beach, California, with over 2,000 employees working in 13 offices across 12 countries, and $1.52 trillion in assets under management as of 30 June 2015. The company provides mutual funds and other portfolio management and asset allocation solutions for millions of investors worldwide. PIMCO offers a broad list of investment strategies that encompass the entire risk spectrum and capital structure, including core bonds and credit, structured credit, alternatives, real assets, equities and currencies. Wikipedia*
On the C-SPAN Networks:Pacific Investment Management Company, LLC , is an American multinational investment management firm headquartered in Newport Beach, California, with over 2,000 employees working in 13 offices across 12 countries, and $1.52 trillion in assets under management as of 30 June 2015. The company provides mutual funds and other portfolio management and asset allocation solutions for millions of investors worldwide. PIMCO offers a broad list of investment strategies that encompass the entire risk spectrum and capital structure, including core bonds and credit, structured credit, alternatives, real assets, equities and currencies..
Careers At Pacific Investment Management Company Llc
The company employs 2,597 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isnt anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees dont receive compensation from other entities for client referrals.
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Early Life And Education
Gross was born in , the son of Shirley , a homemaker, and Sewell Mark Gross, a sales executive for . Part of his family is originally from , . He was raised a . He moved with his parents to in 1954. Gross graduated from in 1966 as an Angier B. Duke Scholar, and with a degree in psychology.
At Duke, he joined . He then served in the from 1966 to 1969 as an assistant chief engineer aboard the USS Diachenko, leading several sorties of SEALs to landing sites along the coast of Vietnam. He left the Navy in 1970 with the Tet combat and Vietnam active service ribbons. Gross earned an from the in 1971. Gross briefly played professionally in , Nevada, and has said that he applies many of his gambling methods for spreading risk and calculating odds to his investment decisions.
Pimco’s Total Return Fund
The company’s Total Return Fund seeks to maximize capital while preserving capital. The fund, established in 1987, emphasizes higher-quality, intermediate-term bonds and is more globally diversified, therefore aiming to reduce concentration risk. The fund also has flexibility that helps respond to changing economic conditions.
The fund pays a monthly dividend and covers the U.S. investment-grade, fixed-rate bond market with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities.
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What Is Pimco
PIMCO, or the Pacific Investment Management Company, is an American investment management firm founded in 1971 in California. The firm focuses on fixed income and manages more than $2.2 trillion in assets. The firm primarily handles portfolio management, account management, and business management.
PIMCO specializes in fixed-income securities. It manages the internationally known Total Return Fund. The company serves institutional investors, high-net-worth individuals, and individual investors with its account services and mutual funds.
