Gene Frieda was named executive vice president and global strategist for PIMCO’s emerging markets and global strategies, and Yacov Arnopolin is joining the firm as an executive vice president and emerging markets portfolio manager, spokeswoman Agnes Crane said in an e-mail.
Both positions are new, and Messrs. Frieda and Arnopolin will be based in London.
Mr. Frieda will work primarily with the emerging markets team but will also contribute to other global, country and sector strategies. He will report to Andrew Balls, managing director and chief investment officer-global fixed income. Mr. Arnopolin will focus primarily on emerging markets external debt strategies and will report to Michael Gomez, managing director and head of the emerging markets portfolio management team.
Mr. Frieda was a partner and senior global strategist at Moore Capital Management. A spokesman for Moore Capital could not be immediately reached for comment as to whether Mr. Frieda had been replaced.
Mr. Arnopolin was a managing director and portfolio manager at Goldman Sachs Asset Management in New York where he helped oversee emerging markets portfolios for institutional clients. A spokesman for GSAM could not be immediately reached for comment.