02-05-2017 23:45 via ocregister.com

Pimco CEO seeks to add 100 workers in renewed growth push

Emmanuel “Manny” Roman, the new chief executive officer at Pacific Investment Management Co., plans to add 100 employees over the next year in a renewed push for growth at the bond fund giant.
Instead of focusing on cutting costs and fees to compete, Pimco intends to spend on hiring and technology to become better, Roman, 53, said in an interview Monday during the Milken Institute Global Conference in Beverly Hills — six months to the day after he took charge of the firm.
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