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PIMCO makes senior portfolio management appointment

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PIMCO has hired Aaditya Thakur as a vice president, portfolio manager, to be based in the global investment management firm’s Sydney office.

Mr Thakur will report to Rob Mead, head of Asia Pacific credit portfolio management and head of portfolio management Australia, the group stated.

Mr Thakur is the second new member to join the Asia Pacific portfolio management team this year, according to PIMCO.

“This reflects PIMCO’s conviction that Asian investment opportunities will be an increasingly important lever for generating returns for our clients in the coming years,” Mr Mead stated.

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Mr Thakur’s experience in the management of Australian portfolios complements the Sydney team’s coverage of the Australian economy and market and supports PIMCO's global portfolios, PIMCO stated.