PIMCO's Bill Gross' 5th Anniversary Podcast Available on iTunes, Titled "Run Turkey, Run"


NEWPORT BEACH, CA--(Marketwire - October 29, 2010) - PIMCO today announced that Founder and co-Chief Investment Officer Bill Gross' November "Investment Outlook" is available as a free podcast on iTunes.com and pimco.com. This is the 5th anniversary of Mr. Gross' popular podcast, now with nearly 15,000 subscribers. This month's podcast covers topics such as bond bubbles, quantitative easing and the pending elections. 

Gross, the first major money manager to podcast, offers provocative views for investing, the economy and life. Gross' monthly investment forecast can be subscribed to at www.iTunes.com by searching podcasts for "PIMCO" or "Bill Gross." The audio can also be downloaded at www.pimco.com by clicking on the "Investment Outlook" link. 

About PIMCO
PIMCO is a global investment management firm that was founded in Southern California in 1971. The firm serves an array of clients and manages retirement and other assets that reach millions of people in the U.S. and millions more around the world. Our clients include state, municipal, union and private sector pension and retirement plans, educational, foundations, endowments, philanthropic and healthcare institutions, individual and investment saving accounts, public sector reserve management and other public entities in North and South America, Europe, the Middle East and Asia.

PIMCO has more than 1,300 employees. In addition to its headquarters in Newport Beach, California, the firm has offices in Amsterdam, Hong Kong, London, Munich, New York City, Singapore, Sydney, Tokyo, Toronto and Zurich.

PIMCO is owned by Allianz S.E., a global insurance conglomerate.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Contact Information:

Mark Porterfield
PIMCO
(949) 720-6397