Skip to content
International Adviser
  • Contact
  • Login
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • My IA
    • Events
    • Directory
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

SIGN IN INTERNATIONAL ADVISER

Access full content on the International Adviser site, access your saved articles, control email preferences and amend your account details

[login-with-ajax]
Not Registered?

pimco launches new company in germany

By International Adviser, 24 Jan 12

US investment management giant Pimco has bolstered its European presence with the launch of a new company in Germany.

US investment management giant Pimco has bolstered its European presence with the launch of a new company in Germany.

Pimco Deutschland GmbH holds a Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) license for portfolio management, investment consultancy, contracting and investment brokerage and will be led by managing directors Craig Dawson and Andrew Bosomworth. The new company manages more than €200bn of assets, mainly for institutional clients.

Dawson said: “We have established Pimco Deutschland to better enable us to deliver our German clients the highest quality portfolio management and client servicing. In addition, this step facilitates further our evolution as a complete provider of global investment solutions across asset classes to our clients in Germany.”

Pimco first established a presence in Europe in 1997 and has been operating in Germany since 2000. Prior to the establishment of the new company, Pimco said it had strengthened its client servicing capabilities in recent months, adding new staff to its account management team in Germany and Austria. Currently, 160 employees work in Pimco’s Germany based operations in Munich, with 47 in portfolio management and 32 in client servicing.

International Adviser’s sister publication, Portfolio Adviser is also this morning reporting that the company is “beefing up” its presence in the UK retail space, with the launch of a multi-asset fund for St James’s Place and a planned listing of the same strategy on the Fidelity FundsNetwork.

Tags: Pimco

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Europe

    Novia Global launches MiFID II platform for European advisers

    EU confirms insurance regulations delay

    Europe

    ESMA consultation closes on technical standards around ESG ratings activities

  • Europe

    European pension money walks towards ESG UCITS, away from US managers ditching ESG – PwC report

    Alternatives

    Oeno serves up wine and whisky funds


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.