Press Release

PIMCO partners with Caltech in Computing and Mathematical Sciences

PIMCO will establish postdoctoral and graduate fellowships at Caltech

 

Newport Beach, California(12 July, 2018) – PIMCO, one of the world’s premier fixed income investmentmanagers, has partnered with the California Institute of Technology(Caltech), the world-renowned science and engineering institute, and willestablish the PIMCO Postdoctoral Fellowship in Computing and MathematicalSciences and the PIMCO Graduate Fellowship in Computing and MathematicalSciences.

The PIMCO fellowships will sponsor two postdoctoral scholars and twograduate students in Caltech’s computing and mathematical sciencesdepartment as PIMCO and the Institute promote greater connectivity betweenacademia and the private sector.

“Through the new fellowships, we will partner with the next generation ofindustry leaders, building critical links with researchers at theintersection of data science, machine learning and economics,” saidMihir Worah, Chief Investment Officer of Asset Allocation and RealReturnwho oversees PIMCO’s quantitative initiatives. “Harnessing innovation andquantitative analysis have been integral to our investment process fordecades and we firmly believe we should support the researchers who will beat the cutting edge of the rapid technological changes underway.”

PIMCO’s collaboration with Caltech is part of a broader strategic effort tofurther integrate technological innovation and quantitative research intothe firm’s investment process. PIMCO recently announced it will open anoffice in Austin, Texas, in part to recruit talented technologists andquantitative analysts from around the world.

“As computer power increases exponentially, so too do the possibleapplications across all industries, including asset management,” says Emmanuel Roman, PIMCO’s Chief Executive Officer. “Theability to efficiently and effectively utilize the outputs fromtechnological advancements will support our efforts to provide robustinvestment returns and solutions to our clients for years to come.”

Media Contacts

Michael Reid
Global Head of Corporate Communications
New York
+1.212.597.1301
michael.reid@pimco.com

Agnes Crane
U.S. Corporate Communications
New York
+1.212.597.1054
agnes.crane@pimco.com

Laura Batty
U.S. Corporate Communications
Newport Beach
+1.949.720.6374
laura.batty@pimco.com

Jochen Haegele
EMEA Corporate Communications
Munich
+49.89.26209.6293
jochen.haegele@pimco.com

Louise Collins
U.K. and EMEA Corporate Communications – London
+44.20.3640.1484
louise.collins@pimco.com

Donna Chan
APAC Corporate Communications
Hong Kong
+852.3650.7752
donna.chan@pimco.com

Disclosures

About PIMCO

PIMCO is one of the world’s premier fixed income investment managers. Withour launch in 1971 in Newport Beach, California, PIMCO introduced investorsto a total return approach to fixed income investing. In the 45+ yearssince, we have continued to bring innovation and expertise to ourpartnership with clients seeking the best investment solutions. Today wehave offices across the globe and 2,150+ professionals united by a singlepurpose: creating opportunities for investors in every environment. PIMCOis owned by Allianz S.E., a leading global diversified financial servicesprovider.

Except for the historical information and discussions contained herein,statements contained in this news release constitute forward-lookingstatements within the meaning of the Private Securities Litigation ReformAct of 1995. These statements may involve a number of risks, uncertaintiesand other factors that could cause actual results to differ materially,including the performance of financial markets, the investment performanceof PIMCO's sponsored investment products and separately managed accounts,general economic conditions, future acquisitions, competitive conditionsand government regulations, including changes in tax laws. Readers shouldcarefully consider such factors. Further, such forward-looking statementsspeak only on the date at which such statements are made. PIMCO undertakesno obligation to update any forward-looking statements to reflect events orcircumstances after the date of such statements.

PIMCO

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