PIMCO Hires Equity Specialists in Growth and Dividend Strategies to Continue Buildout of Global Equities Platform

NEWPORT BEACH, CA--(Marketwired - Aug 19, 2014) -  PIMCO, a leading global investment management firm, has hired Iain McNaught, Simon Peters, Sean Heymann and Aylon Ben-Shlomo to join its global equities teams as part of its multi-year effort to deepen and expand its equity solutions for investors. Mr. McNaught and Mr. Peters will be Senior Vice Presidents and part of the build-out of a global growth team, based in London. Mr. Heymann and Mr. Ben-Shlomo are analysts with PIMCO's dividend strategies, based in Newport Beach.

PIMCO has also named Melissa Tuttle, an Executive Vice President based in London, as Global Head of Equity Trading. In this role, Ms. Tuttle will manage day-to-day operations and performance oversight of PIMCO's regional equity desks and staff.

"Melissa's new role strengthens our global equity trading platform while Iain, Simon, Sean and Aylon give us additional expertise in growth and dividend investing that helps PIMCO provide clients with equity strategies driven by bottom-up stock-picking within a coherent macroeconomic and secular framework," said Virginie Maisonneuve, Managing Director, PIMCO Deputy Chief Investment Officer and Global Head of Equities.

Added Ms. Maisonneuve: "Collectively, these hires bring more than 40 years of additional investment management experience to PIMCO. The combination of the firm's commitment to offering clients equities solutions with the strength of the PIMCO brand is key to attracting senior investment professionals."

PIMCO's equity offerings span a range of strategies and styles, from active long/short, dividend, emerging market and value strategies to the innovative StocksPLUS suite of equity solutions, totaling more than $55 billion in assets under management.

Biographies:

Iain McNaught

Mr. McNaught will be a Senior Vice President based in the London office, focusing on global growth strategies in technology, media and telecoms. Prior to joining PIMCO, Mr. McNaught was a global equity analyst at Sarasin & Partners LLP in London, responsible for picking stocks for Sarasin's global family of funds. Prior to this, he worked at Schroders in London, in a variety of equity analyst and portfolio management roles including European equity and small and mid-cap equity. Mr. McNaught has a Master of Engineering (Honours) from Imperial College, London.