PIMCO Hires Michael Cogswell As Senior Vice President In The Retirement Solutions Team
NEWPORT BEACH, CA -- (Marketwire) -- 03/30/11 -- PIMCO, a leading global investment management firm, has hired Michael Cogswell as a Senior Vice President in the firm's Retirement Solutions Team.
"Michael has substantial experience in the development of products for retirement income, particularly solutions that provide some element of longevity protection," said Wendy Cupps, a Managing Director in the Newport Beach office and Head of PIMCO's Product Management Group.
"This hire significantly adds to PIMCO's retirement solutions team and demonstrates our continuing commitment to retirement income solutions, an increasingly important market as advisors and institutions look for innovative income products to help tens of millions of Americans manage their retirement savings," said Cupps.
Cogswell will report to Tom Streiff, Executive Vice President, Retirement Solutions.Cogswell comes from Genworth Financial, where he was deeply involved in the development and launch of variable annuity and retirement income products for both retail and institutional clients. Prior to Genworth, Cogswell worked in roles involving the development and management of insurance and retirement products for Sun Life Financial and Merrill Lynch's Retirement and Insurance Groups. He earned his BA in Economics from the College of the Holy Cross, a law degree from the University of Virginia and a LLM (Taxation) from Georgetown University. About PIMCO PIMCO is a leading global investment management firm, with offices in 10 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz Global Investors, a subsidiary of the Munich-based Allianz S.E., a leading global diversified financial services provider. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statement.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV