Nov. 8 (Bloomberg) -- Pacific Investment Management Co., manager of the world’s biggest mutual fund, hired three professionals as the firm bolsters its portfolio-analytics group headed by Ravi Mattu.
Vasant Naik, global head of empirical research, and Riccardo Rebonato, head of rates and foreign-exchange analytics, will be based in London, Newport Beach, California-based Pimco said today in a statement. Stefano Risa, head of mortgage and asset-backed analytics, will be based in New York.
Pimco in February hired Mattu from Citadel Securities LLC, the investment-banking unit of Chicago-based hedge fund Citadel LLC, in a new role as the firm sought to expand its group that helps clients analyze their portfolios. The firm has about 46 professionals in its portfolio-analytics group in New York, London and Newport Beach.
Naik was previously at a unit of Nomura Holdings Inc. Rebonato, who will begin at Pimco on Dec. 1, was formerly at a division of Royal Bank of Scotland Group Plc, while Risa was previously with C12 Capital Management LP.
Pimco, a unit of German insurer Allianz SE, manages about $1.35 trillion in assets. Led by co-chief investment officers Mohamed El-Erian and Bill Gross, the firm manages the $244 billion Pimco Total Return Fund, the biggest mutual fund.
--Editors: Steven Crabill, Larry Edelman
To contact the reporter on this story: Sree Vidya Bhaktavatsalam in Boston at email@example.com
To contact the editor responsible for this story: Christian Baumgaertel at firstname.lastname@example.org