Pimco’s equities chief Virginie Maisonneuve to leave
Virginie Maisonneuve (pictured), chief investment officer for global equities at Pacific Investment Management Co. (Pimco) will leave the firm, less than two years after joining it, according to a statement released by Pimco’s CEO Douglas Hodge.
Hodge said that equities will still be “an important part” of Pimco’s investment solutions.
“We are evolving our approach to focus on areas that are more fully aligned with our capabilities and clients’ needs, by continuing to manage our successful dividend and long/short strategies, as well as expanding our enhanced equities strategies including those in collaboration with Research Affiliates,” he said.
The US based asset manager will liquidate three funds, its Emerging Multi-Asset Fund, the EqS Emerging Markets Fund and the EqS Pathfinder Fund.
Maisonneuve will “direct the transition and oversee an orderly liquidation of these strategies,” Hodge said.