Mr. Fels, who joined PIMCO in 2015, will retire from PIMCO at the end of 2022. He has invaluable leadership of global macroeconomic research for the investment committee of PIMCO, the broadest company and contributions to clients around the world. As leader of the annual Secular Forum PIMCO, Mr. Fels helped identify macroeconomic safeguards on how the company approached investment over a period of 3 to 5 years.
Richard Clarida Richard Clarida is CEO and Global Economic Advisor to PIMCO. Prior to joining PIMCO in 2022, Mr. Clarida served as PIMCO’s global strategic advisor from 2006 to 2018. He also served as vice chairman of the Reserve System Board of Governors from 2018 to 2022. M. Clarida is Professor of Economics and International Affairs at C. Lowell Harriss at Columbia University was also a former Treasury Assistant Secretary for Economic Policy, where he served as Chief Economic Advisor to two U. S. Secretaries of the Treasury Unidos. Sr. Clarida holds a Bachelor of Science from the University of Illinois and a Master of Science and a Ph. D. in Economics from Harvard University.
About PIMCO PIMCO is one of the world’s leading bond investment managers. With our launch in 1971 in Newport Beach, California, PIMCO led investors to a general backsliding technique for investments from constant sources of income. Over the next 50 years, we have continued to bring innovation and expertise to our partnership with clients for the most productive investment solutions. Today, we have offices around the world and professionals united by a single goal: to create opportunities for investors in all environments. PIMCO is owned by Allianz S. E. , one of the world’s leading providers of diversified money services.
Except for the old facts and discussions contained in this press release, the statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements would possibly involve a number of risks, uncertainties and other points that may also cause actual effects to differ materially, adding money market functionality, investment functionality of PIMCO-sponsored investment products and separately controlled accounts, general economic situations, long-term acquisitions, competitive situations and government regulations, adding adjustments in tax laws. Readers conscientiously deserve those points. In addition, these forward-looking statements relate only to the date on which such statements are made. PIMCO assumes no legal responsibility to update forward-looking statements to reflect occasions or occurrences subsequent to the date of such statements.
Contact: Michael ReidPIMCO – Media Relations Tel. 212-597-1301E-mail: Michael. Reid@pimco. com
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