Pacific Investment Management

Dr. Mohamed A. El-Erian is the CEO and co-CIO of PIMCO, a global investment management firm and one of the world’s largest bond investors with approximately US$1.77 trillion of assets under management as of March 31, 2012. In his capacity as CEO, El-Erian is responsible for setting the... strategic direction of the firm and leading its operations globally. As co-CIO, and together with PIMCO co-founder Bill Gross, El-Erian oversees investment policies and strategies for all of the company’s portfolio management activities. He is also a lead portfolio manager focusing on global asset allocation strategies, including PIMCO Global Advantage and PIMCO Global Multi-Asset, the latter of which is the firm’s flagship asset allocation strategy. He re-joined PIMCO at the end of 2007 after serving for two years as president and CEO of Harvard Management Company, the entity that manages Harvard’s endowment and related accounts. El-Erian served as a member of the faculty of Harvard Business School. He first joined PIMCO in 1999 and was a senior member of PIMCO's portfolio management and investment strategy group.
more

Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. The population was 85,186 at the 2010 census. The city's median family income and property values consistently place high in national rankings. The Daily Pilot, a newspaper published... in the neighboring city of Costa Mesa but which serves the greater Newport-Mesa community, reported in 2010 that more than a quarter of households have an income greater than $200,000, and the median value for homes is approximately $1 million. In 1871 a steamer named The Vaquero made its first trip to a marshy lagoon for trading. Ranch owners in the Lower Bay decided from then on that the area should be called "Newport." In 1905 city development increased when Pacific Electric Railway established a southern terminus in Newport connecting the beach with downtown Los Angeles. In 1906 with a population of 206 citizens, the scattered settlements were incorporated as the City of Newport Beach. Settlements filled in on the Peninsula, West Newport, Newport Island, Balboa Island and Lido Isle.
more

Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its core business and focus is insurance. As of 2010, it was the world's 12th-largest financial services group and 23rd-largest company according to a composite measure by Forbes magazine. Its Allianz Global Investors division ranks as a top-five global active investment manager, having €1,443 billion of assets under management , of which... €1,131 billion are third-party assets , with specialized asset managers such as PIMCO , RCM , Degi , etc. Allianz sold Dresdner Bank to Commerzbank in November 2008. As a result of this merger, Allianz gained a 14% controlling stake in the new Commerzbank Group. Allianz AG was founded in Berlin on 5 February 1890 by Carl von Thieme and Wilhelm von Finck . Allianz shifted its headquarters to Munich in 1949. The first step to become an international company started with the opening of a branch office in London in the late 19th century.
more