NEW YORK (TheStreet) -- Pacific Investment Management Corporation (PIMCO) claims it has a "deep bench" inside the firm, and now those fund managers will get their start as founder Bill Gross leaves under controversy for Janus Capital Group (JNS) .

PIMCO, in dealing with the departures of Gross and former CEO Mohamed El-Erian this year, has consistently stated that the firm has a pool of highly skilled fund managers. That bench now inherits a portfolio with over $2 trillion in assets under management.

Chief Investment Officer Daniel Ivascyn is expected to inherit Gross's former position within the firm. Earlier in 2014, PIMCO named Douglas Hodge, a deeply experienced portfolio manager, as its CEO to replace El-Erian. "We have built a deep bench of talent with extensive investment and leadership experience," Hodge said in a Friday statement.

Must Read: Bill Gross Quits PIMCO Amid Controversy

There is no denying Ivascyn and Hodge are lesser-recognized names than Gross and El-Erian, and PIMCO will likely face a huge task in retaining investors in many of its most popular funds, such as the Total Return fund that Gross managed for decades. But, industry insiders don't dispute PIMCO's claim about its bench.

Todd Rosenbluth, director of ETF and Mutual Fund research at S&P Capital IQ, notes that Ivascyn has been a top quartile fund manager for years, and his PIMCO Income Fund has outperformed peers including Gross in recent years. Deputy CIO Mihir Worah runs the PIMCO Real Return (PRTNX) , another strong-performing fund. More than half a dozen top investment managers within PIMCO were given promotions amid the departures of Gross and El-Erian.

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