What Worah's Departure Means for PIMCO's Funds
CIO of asset allocation and real return Mihir Worah will retire in 2020.
PIMCO filed prospectus updates on Dec. 11, 2019, reflecting plans for CIO of asset allocation and real return Mihir Worah to retire at the end of March 2020, remaining an advisor to the firm through the end of 2020.
Given his role, Worah’s departure will affect a broad range of strategies, including several for which he isn’t listed as a portfolio manager but has had oversight of the managers. Those include areas such as inflation-linked bonds, commodities, and various quantitative, asset-allocation, and target-date offerings.
Eric Jacobson has a position in the following securities mentioned above: PTTRX, PRRIX, PCRIX. Find out about Morningstar’s editorial policies.