Pimco hires ex-Brevan Howard partner Sundstrom
Pimco has announced the appointment of Geraldine Sundstrom as managing director and portfolio manager asset allocation as of 2015.
Sundstrom, who has previously been a partner at Brevan Howard, will be based in PIMCO’s London Office and report to Mihir Worah, deputy CIO and head of the real return and multi-asset portfolio management teams.
At Brevan Howard, Sundstrom led the Emerging Markets Strategies Master Fund, growing it to more than €2.7bn in AUM. Due to the challenges for emerging markets, the fund declined by 15% last year, prompting Brevan Howard to close the fund in February this year.
Prior to her position at Brevan Howard, she worked as portfolio manager at Moore Capital and held senior fixed income research roles with Citigroup Global investments and Pareto Partners.
“Geraldine is another great senior PM hire for PIMCO,” said Bill Gross, CIO of PIMCO. “She represents an important addition of demonstrated leadership and skill as we continue to build out our multi-asset group for the benefit of our clients.”