Discussing whether your portfolio should be filled with high yield bonds, with Mark Kiesel from PIMCO. Mr. Kiesel is a managing director in the Newport Beach office.
Pacific Investment Management Company, is a global investment management and solutions firm headquartered in Newport Beach, California. PIMCO is led by co-founder and legendary investor William H. Gross, who serves as Co-Chief Investment Officer, and Mohamed A. El-Erian, the other Co-CIO as well as the firm's CEO.
PIMCO had over USD 1.3 trillion of assets under management at the end of September 2010. Gross manages the Total Return Fund, the world’s largest mutual fund with assets of USD 255.3 billion as of October 15, 2010.