PIMCO Australia has appointed Eric Frerer as executive vice president and account manager for institutional clients, including large superannuation funds.
Frerer comes from ANZ's global markets division, where he was global head of institutional fixed income distribution.
He has also held senior investment banking positions with JP Morgan, Deutsche Bank and Commonwealth Bank of Australia in New York, Singapore and Sydney.
Frerer will be based in Sydney and work with PIMCO head of Australia John Wilson, account manager Ben Kelly and consultation relations manager Matthew McLenaghan.
"Eric has joined us at a particularly interesting time for the superannuation industry. In particular, the need for industry participants to provide reliable income streams for members is becoming a higher priority as funds serve an increasing proportion of retirees," Wilson said.
Wilson said this trend would accelerate as the Australian population aged, providing an impetus for innovation within the superannuation sector to ensure appropriate strategies were provided to this important group of members.
