Marc Siedner, who left Pacific Investment Management Company (PIMCO) in January, is returning to the firm as new chief investment officer non-traditional strategies and head of portfolio management in New York Office, effective 12 November 2014.

In addition, Seidner has also been appointed as new managing director and portfolio manager.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Seidner will report to Daniel Ivascyn, group chief investment officer.

In his new role, Seidner will work together with Ivascyn overseeing several non-traditional investment teams. He will also take over generalist portfolio management responsibilities Siedner is rejoining the company after its co-founder Bill Gross has departed from Pimco.

Seidner, who served as a senior portfolio manager at PIMCO from 2009 to 2014, was a member of the PIMCO Investment Committee and managed a range of portfolios that included PIMCO total return separate accounts.

Meantime, Curtis Mewbourne, current head of PIMCO’s New York money management group, will also return to Newport Beach office as senior member of the portfolio management team.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Also, Mewbourne will continue to serve his role as head of the insurance, diversified income and sector fund separate account teams, and will take over additional duties in mid-2015.

Ivascyn said: "Marc is a talented, highly experienced investor with broad market expertise and a deep knowledge of PIMCO, and his return will further enhance our global investment platform. Marc will be able to seamlessly contribute to our investment process and efforts on behalf of PIMCO’s clients."