Pimco portfolio manager Curtis Mewbourne is reportedly moving to the firm's New York office early next month to head the firm's operations there, according to Pensions & Investments.

Mewbourne told the pub that his move is part of a broader effort to build up Pimco's presence and infrastructure in global financial centers as the firm adds new teams and capabilities. He will continue to manage the $3.5 billion Pimco Dividend Income fund and co-manage the $2.9 billion Pimco Global Multi-Asset fund.

Ramin Toloui, co-head of the Newport Beach, California-headquartered company's emerging markets bond team, will take the reins of the $3.6 billion Pimco Emerging Markets Bond mutual fund from Mewbourne effective January 1.  

Edited by: Hung Tran


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