Burying Bonds

Fallen Bond King Pimco Pins Future on Alien Equity Market

Pimco-Maisonneuve-HB
Virginie Maisonneuve has been in charge of the equities division since 2014.
  • Why it matters

    Why it matters

    At stake is the future of Pimco, which has recently seen investors fleeing its bond portfolios and is hoping to carve out a slice of the equity market to survive.

  • Facts

    Facts

    • Virginie Maisonneuve came to Pimco at the start of the year from the British investment firm Schroders, where she was head of global equities.
    • At Pimco, she manages an equities division with €40 billion in assets, a relatively small share of the company’s €1.4 trillion in total assets under management.
    • Pimco has suffered investor outflows of more than €50 billion from its bond funds since the spring of 2013 amid fears that a three-decade rally in the bond market may be coming to an end.
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    Audio

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