Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pimco Names Two New PMs Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 17, 2011

Pimco Names Two New PMs

Reported by Neil Anderson, Managing Editor

Pimco [see profile] is hiring two long-time traders for its real return PM team. Today the Newport Beach, California-based mutual fund firm and Allianz subsidiary confirmed that Jeremie Banet joined up on August 1 and that Greg Sharenow will climb aboard on September 7.

The MFWire.com could not immediately reach a Pimco spokesperson for further details on Banet's and Sharenow's new roles.

Banet, now a senior vice president and PM at Pimco, previously worked at Nomura Fixed Income as an inflation-linked investments trader. He also led U.S. inflation trading at BNP Paribas.

Sharenow, who will be an executive vice president and PM at Pimco, most recently served as a proprietary energy trader at Hess Energy Trading Company. He previously worked at Goldman as an executive director and proprietary commodities trader, at DE Shaw & Co as an energy trader, and at Goldman in commodities research and financial analysis.

Mihir Worah, managing director and head of Pimco's real return PM team, described the additions as a way to "expand further Pimco's capabilities and enhance the firm's ability to serve the increased client demand for our real return investment solutions.


Company Press Release

NEWPORT BEACH, CA--(August 17, 2011) - PIMCO, a leading global investment management firm, has hired two senior portfolio managers on its real return portfolio management team, based in the Newport Beach office: Greg Sharenow will join the firm on September 7th as an Executive Vice President and Portfolio Manager, and Jeremie Banet joined the firm on August 1st as a Senior Vice President and Portfolio Manager.

"These two new senior portfolio managers will expand further PIMCO's capabilities and enhance the firm's ability to serve the increased client demand for our real return investment solutions," said Mihir Worah, Managing Director and head of PIMCO's Real Return Portfolio Management team.

Mr. Sharenow has 11 years of investment experience and most recently was a proprietary energy trader with Hess Energy Trading Company in New York. Previously he was an Executive Director and proprietary commodities trader with Goldman Sachs in London. Earlier in his career, Mr. Sharenow was an energy trader at DE Shaw & Co, and he began his career conducting commodities research and financial analysis at Goldman. He earned a B.A. magna cum laude from Northwestern University, where he focused on mathematical methods in the social sciences and economics.

Mr. Banet joined the real return portfolio management team earlier this month. Previously, he traded inflation-linked investments at Nomura Fixed Income. Prior to that, Mr. Banet was with BNP Paribas, most recently as head of U.S. inflation trading. He has 11 years of investment and financial services experience and holds a masters degree in applied economics and an undergraduate degree from Paris IX Dauphine University.

About PIMCO


PIMCO is a global investment management firm that was founded in Southern California in 1971. The firm serves an array of clients and manages retirement and other assets that reach more than 8 million people in the U.S. and millions more around the world. Our clients include state, municipal, union and private sector pension and retirement plans, educational, foundations, endowments, philanthropic and healthcare institutions, individual and investment saving accounts, public sector reserve management and other public entities in North and South America, Europe, the Middle East and Asia.

PIMCO has more than 1,800 employees. In addition to its headquarters in Newport Beach, California, the firm has offices in Amsterdam, Hong Kong, London, Munich, New York City, Singapore, Sydney, Tokyo, Toronto and Zurich.

PIMCO is owned by Allianz S.E., a 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 statement. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use