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Neither PIMCO's New CEO, nor Parent Allianz, Plan to Upset Their Apple Cart

Both Manny Roman and Allianz know a good thing when they see it.

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In July 2016, PIMCO announced that it had hired former head of the LSE-listed Man Group (EMG), Emmanuel "Manny" Roman, as its CEO effective Nov. 1, 2016.

Now that Roman's been on the job for several months and is settling into his new role, it's a good time to look at his likely impact on the firm. We have met with or spoken to Roman a couple of times since he took over, and our impressions have been largely positive.

Eric Jacobson has a position in the following securities mentioned above: PTTRX. Find out about Morningstar’s editorial policies.