PIMCO Hires Christopher Getter as Emerging Markets Product Manager


NEWPORT BEACH, CA--(Marketwire - October 15, 2008) - PIMCO, a leading global investment management firm, has hired Christopher Getter as Senior Vice President and Emerging Markets Product Manager.

PIMCO's emerging market strategies currently include external debt, local debt, income-oriented, absolute return and currency approaches, in addition to several new strategies under development.

In this role, Mr. Getter will serve as an expert on the global emerging market debt and currency markets, and will drive business strategy, positioning and new product development for PIMCO's emerging market strategies. Mr. Getter will be based in Newport Beach and report to PIMCO Executive Vice President Sabrina Callin and PIMCO Managing Director Wendy Cupps.

"Chris's extensive background in debt and research will complement PIMCO's deep emerging markets team," said Callin. "He will be integral in our efforts to continue offering innovative strategies and solutions with the goal of helping our clients benefit from the secular shifts in wealth and growth toward emerging economies."

Mr. Getter joins PIMCO from Fidelity, where he was an Emerging Market Debt Research Analyst. He holds a master's of business administration from Boston College, Carroll Graduate School of Management and a bachelor of arts from Canisius College.

About PIMCO

PIMCO, founded in 1971, is a global investment management firm serving a wide range of institutional and retail investors worldwide. With offices in nine countries in North America, Europe and Asia, we manage investments across a broad spectrum of global financial markets. Our success is built on our philosophy of seeking to consistently deliver attractive returns while maintaining a strong culture of risk management. PIMCO is owned by Allianz Global Investors, a subsidiary of the Munich-based Allianz Group, a leading global insurance company.

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: Contact: Mark Porterfield PIMCO Media Relations 949-720-6397