PIMCO Outsources Investment Management Services To State Street

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NEWPORT BEACH, Calif.--Pacific Investment Management Co. (PIMCO) is to outsource almost all of its investment management operation’s capabilities for its Newport Beach, California offices to State Street Investment Manager Solutions.

PIMCO has relied upon State Street for custody, accounting and valuation for PIMCO Funds for the past ten years. Now PIMCO will use State Street for securities trade order processing, custody, communication for settlements and accounting, systems network/IT

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