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Published on 9/8/2014 in the Prospect News Emerging Markets Daily.

Pimco hires emerging markets executive vice president, manager Saffari

By Tali Rackner

Norfolk, Va., Sept. 8 – Pimco hired Said Saffari as an executive vice president and portfolio manager for emerging markets corporate debt, according to a press release.

He is based in Newport Beach and reports to Michael Gomez, managing director and head of emerging markets portfolio management.

“[Saffari] is a tremendous addition to our team as clients continue to increase allocations to emerging markets,” Gomez said in the release. “The asset class has expanded well beyond government bonds to increasingly include corporate issuers as well as more complex security structures. [Saffari] brings a unique combination of intensive research skills and investing experience that we think are critical for navigating these less efficient markets.”

Before joining Pimco, he was a partner and portfolio manager at GoldenTree Asset Management responsible for emerging markets. Prior to that, he was a senior portfolio manager at ICE Canyon focused on emerging markets strategies investing in loans, bonds and structured products. Saffari was previously the head of Pan-European credit research at Credit Suisse.

Pimco is an investment management firm based in Newport Beach.


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