Margaret Isberg, the 48-year-old president of the new Canadian arm of PIMCO(Pacific Investment Management Co. LLC)has begun to offer pension funds the opportunity to tap into the sophisticated, high-powered strategies developed by her firm, the world's largest fixed-income manager.
As chief investment officer at PIMCO(Pacific Investment Management Co. LLC), Bill Gross regularly makes bold calls about where the market is headed
and the financial world listens. And when Gross backs up his calls with trades in global debt markets, the financial world follows. It's been said that the mere rumour PIMCO is buying or selling can spark a frenzy in the debt market.