PIMCO snaps up two Schroders equity specialists

PIMCO has expanded its global equity capability after hiring two of Schroder’s London staff.

Giles Money joins the asset manager as senior vice president and portfolio manager focused on global growth equity strategies.

At Schroders, Money worked as a global portfolio manager and global sector specialist focusing on materials and utilities. Prior to that he worked at F&C Asset Management.

In addition, Lucrecia Tam has been appointed senior vice president and equity analyst focused on industrials.

Tam also worked as an equity analyst for Schroders. Previously she was an analyst at Allianz Global Investors Capital and an equity research analyst at Deutsche Bank Securities in New York.

Both Money and Tam will be based in London and report to Virginie Maisonneuve, managing director and chief investment officer, global equities.

Maisonneuve says: “Giles and Lucrecia are key hires for our expanding team and will be important contributors to our strategies as we build out our suite of offerings.”