PIMCO names Man Group CEO Manny Roman as its new chief

July 20, 2016 6:45 AM

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PIMCO names Man Group CEO Manny Roman as its new chief

LONDON Pacific Investment Management Co (PIMCO) has hired Emmanuel 'Manny' Roman, the chief executive of the world's biggest listed hedge fund Man Group plc (EMG.L), as it tries to reverse a slump in fortunes since co-founder Bill Gross left in 2014.

Roman will take over asset manager PIMCO on Nov. 1, Man Group said on Wednesday, replacing the incumbent Douglas Hodge.

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