Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Pimco's head of emerging market equities Masha Gordon departs

Published 09/17/2014, 12:09 PM
Updated 09/17/2014, 12:10 PM
© Reuters To match Special Report PIMCO/GROSS

By Chris Vellacott and Jennifer Ablan LONDON (Reuters) - Pimco's London-based emerging market equities head Masha Gordon has left the giant U.S. asset management firm "to pursue other interests", the company confirmed on Wednesday.

In a statement, Pimco said Virginie Maisonneuve, who is the company's Deputy Chief Investment Officer and Global Head of Equities, is running the emerging markets equity strategy following Gordon's departure.

Gordon joined Pimco in 2010 from Goldman Sachs' asset management arm where she had worked on emerging markets equity strategies since 2003. Early in her career she worked as a journalist in the Moscow bureau of The Washington Post.

A source at Pimco said Gordon had left two weeks ago.

Maisonneuve joined Pimco last year from British fund manager Schroders, succeeding Neel Kashkari as head of the firm's equities business who left to pursue a career in politics.

Since the abrupt departure of Mohamed El-Erian in January, Pimco has undergone a leadership shake-up that has included the hire of Paul McCulley, managing director and chief economist, a new role for the Newport Beach, California, firm.

Pimco, which oversees $1.97 trillion in assets as of June 30, has hired senior talent across its broad investment platform throughout this year.

In June, Pimco hired Geraldine Sundstrom, formerly of Brevan Howard Capital Management LP, as a managing director and money manager, based in Pimco's London office.

(Editing by Dominic Evans)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.