PIMCO has named Mohit Mittal, Managing Director and Portfolio Manager, as Chief Investment Officer – Core Strategies.
In this role, he will oversee fixed income portfolios across PIMCO’s core suite of strategies – including Low and Moderate Duration, Total Return and Long Duration – and lead the core portfolio management team. Mittal will report to Dan Ivascyn, Managing Director and Group Chief Investment Officer.
Mittal is a longstanding leader on the trade floor, a member of PIMCO’s Investment Committee and has a strong track record across a broad range of portfolios. He joined the Total Return portfolio management team five years ago and has contributed to PIMCO’s multi sector portfolios including Long Duration, Dynamic Bond, Stable Value and Investment Grade Credit.
“Mohit is the rare talent who brings deep quantitative expertise with macro insights to investing while embracing a collaborative approach that harnesses the best investment ideas generated by a team of portfolio managers,” said Ivascyn. “He’s a welcome addition to PIMCO’s highly experienced group of CIOs and his focus on core strategies further strengthens our leadership in fixed income markets.”
PIMCO’s other CIOs include Andrew Balls, Managing Director and CIO – Global Fixed Income, Mark Kiesel, Managing Director and CIO – Global Credit, Marc Seidner, Managing Director and CIO – Non-traditional Strategies, and Qi Wang, Managing Director and CIO – Portfolio Implementation.
