PIMCO appoints Asia/Pacific head
Investment manager, PIMCO has appointed a new Asia Pacific head.
The company announced this week it had appointed Eric J. Mogelof as Head of Asia Pacific, with responsibility for the firm’s business in the region including PIMCO’s Hong Kong, Singapore, Sydney and Tokyo offices.
The announcement said Mogelof would report to PIMCO’s managing director and chief executive, Douglas Hodge.
It said Mogelof would continue to serve as a member of PIMCO’s Executive Committee, the governing body that sets policy and strategic direction for the firm.
Commenting on the appointment, Hodge said Mogelof’s appointment underscored PIMCO’s commitment to the Asia Pacific region.
“He will play a key leadership role in the next phase of these ongoing efforts,” Hodge said.
Mogelof joined PIMCO in 2003 and was previously Head of Americas Institutional Business and Global Head of PIMCO Advisory. He will relocate from New York to Hong Kong in August 2014.
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.
