PIMCO Plucks Page from State Street

May 12, 2010 (PLANSPONSOR.com) – PIMCO has hired Sebastien Page as an Executive Vice President and Head of the Client Analytics Group.

According to the announcement, Page, who was most recently a Senior Managing Director and Head of the Portfolio and Risk Management Group at State Street Associates, will “enhance further the development of models and research related to client problems and solutions including asset allocation, risk factor budgeting, dynamic strategies, as well as product development and channel-specific issues”. He is based in the firm’s Newport Beach office.

“Sebastien has significant experience in portfolio construction, risk management and analytics, and his addition to our team will further strengthen PIMCO’s ability to serve as a trusted advisor to our clients,” said Bill De Leon, Executive Vice President and Global Head of Portfolio Risk Management.

Page has over 10 years of investment experience, including his last position at State Street Associates, where he managed the firm’s asset allocation advisory and currency management activities. He joined State Street in 2000 as a research associate, and subsequently held a number of roles with increasing responsibility, according to the announcement.