Bond behemoth PIMCO is making a push into the equities space with the hire of Geoffrey Johnson as an executive vice president and global equity portfolio manager. He will begin with the firm in April and will be based in the Newport Beach, Calif. office.
At PIMCO, Johnson will establish and lead a global long/short active equity strategy. This will be PIMCO's fourth active equity product since it established its equity investment platform in April 2010 following the launch of its global deep value strategy, Pathfinder, in April 2010, global emerging markets strategy in April 2011, and global dividend strategy in January 2012.
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