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.

Simon Peters

Mr. Peters will be a Senior Vice President based in the London office, focusing on global growth strategies in financials. Prior to joining PIMCO, Mr. Peters was head of financial specialist sales at Nomura in London. Prior to that, he was director of financials and fund manager at Henderson/Gartmore, on the firm's global financial fund, managing a team of analysts. He has also held roles in financials portfolio management and equity research analysis with the Government of Singapore Investment Corp. and BNP. Mr. Peters is a CFA and has Bachelor of Arts in Economics (Honours) from the University of Exeter, U.K.

Sean Heymann

Mr. Heymann will be a research analyst with PIMCO's dividend strategy, based in Newport Beach. Prior to joining PIMCO, he was at Neuberger Berman where he was the lead analyst on coverage of Master Limited Partnerships and an associate analyst on utilities, energy and alternative energy. He has held positions in equity research analysis at Bank of America Merrill Lynch, with a focus on U.S. metals and mining. Mr. Heymann holds a Bachelor of Business Administration from the University of Miami.

Aylon Ben-Shlomo

Mr. Ben-Shlomo will be a research analyst with PIMCO's dividend strategy, based in Newport Beach. He was part of PIMCO's MBA program, having graduated from UCLA Anderson School of Management with an MBA in Finance. Prior to this, he worked as an analyst at Ivory Investment Management in Los Angeles and was an auditor at Deloitte & Touche in New York. Mr. Ben-Shlomo also holds a BS in Accounting from the University of Maryland and was awarded the CFA designation in 2011.

Melissa Tuttle

Ms. Tuttle joined PIMCO in August 2010 from Goldman Sachs Asset Management where she was an Executive Director responsible for developed market and emerging market equity, future, swap, ETF, and access product execution. Prior to Goldman Sachs, she worked as a Vice President in equity trading for Prudential Investments. Early in her career she was a trader for emerging market equities at HSBC Asset Management and a junior trader for the Latin American equities team at Baring America Asset Management. Ms. Tuttle holds a Bachelor's degree from Emmanuel College in Boston, Massachusetts.

About PIMCO

PIMCO is a leading global investment management firm, with 13 offices in 12 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

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.