Chief Investment Officer, PIMCO
WHY: Oversees $1.84 trillion in assets and 255 portfolio managers with an average 16 years of experience. Morningstar bond manager of the year, 2013. Promoted to CIO following departure of PIMCO cofounder Bill Gross. Stopped outflow of assets in 2016; Won 2017 Business Journal Businessperson of the year, along with CEO Manny Roman, in finance category.
RECENT: Income Fund now largest at PIMCO with $129B AUM. Up annually 8.21% since 2007 inception. Up 5.33% YTD as of mid-September, lagging its category.
QUOTABLE: “The portfolio manager gets credit for the success. It’s really the team that drives returns.”