NEWPORT BEACH, CA--(Marketwire - February 17, 2010) - PIMCO, a leading global investment management firm, has hired Natalie Pickering as a Senior Vice President and ETF marketing strategist based in the firm's Newport Beach, California office. Ms. Pickering will be a senior member of PIMCO's ETF business team.

"Natalie has deep experience and knowledge in the ETF space, which will further strengthen PIMCO's ETF business and enhance our ability to deliver value to our clients," said Tammie Arnold, Managing Director and head of Global Wealth Management for PIMCO.

Ms. Pickering comes to PIMCO from BlackRock/iShares, where she spent the past 5 years in several key roles, including as a principal and senior director of business development, and as a business development officer responsible for marketing iShares to hedge funds and mutual funds. Ms. Pickering was also a senior fixed income strategist, responsible for helping to commercialize fixed income products. Prior to joining Barclays, Ms. Pickering was the director of the client service group in the executive office of Goldman Sachs. She earned a PhD in Urban Planning from Harvard University, an MA in socio-cultural anthropology, and a BS in civil engineering from Stanford University.

PIMCO is a global investment management firm that was founded in Southern California in 1971. The firm serves an array of clients and manages retirement and other assets that reach more than 8 million people in the U.S. and millions more around the world. Our clients include state, municipal, union and private sector pension and retirement plans, educational, foundations, endowments, philanthropic and healthcare institutions, individual and investment saving accounts, public sector reserve management and other public entities in North and South America, Europe, the Middle East and Asia.

PIMCO has more than 1,200 employees. In addition to its headquarters in Newport Beach, California, the firm has offices in Amsterdam, Hong Kong, London, Munich, New York City, Singapore, Sydney, Tokyo, Toronto and Zurich.

PIMCO is owned by Allianz S.E., a global insurance conglomerate.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Contact Information:

Mark Porterfield
Media Relations
949-720-NEWS (6397)