Pimco bolsters Benelux sales team with hire from Schroders
Fixed income giant PIMCO has appointed Phil Michels from Schroders as an account manager for the Benelux region.
The hire is aimed at expanding PIMCO’s growth in wealth management in the Benelux countries, as well as distribution channels for the retail market, according to the group.
Michels will be based at PIMCO’s Benelux office, located at Schiphol.
Bettina Mazzocchi, responsible for distribution and account management for PIMCO in Northern Europe, noted PIMCO’s funds had recently been added to ABN Amro’s platform.
Patrick Dunnewolt, head of business development for PIMCO Benelux, added: “We are also growing in our historically well-established market for institutional clients in the Benelux.
“As we remain strongly committed to this segment and are also increasing our activities in the wealth management and fund distribution channels, an expansion of the team is a logical step.”
Michels was also with BlackRock.