The Pacific Investment Management Company (PIMCO), is primarily an investment company which runs the world’s largest bond fund, the Total Return fund. The company was founded in 1971 in Newport Beach, California. It is owned by Allianz. According to 2007 reports, it had $687 billion in assets under management and 824 employees.
The company is managed by Bill Gross.
The company provides services like annuities, college savings, life insurance, mutual funds, products and services for business. PIMCO is a renowned fixed income portfolio management concern with long term investment policies.
The value added services provided by the company are as follows:
Interest rate forecasts determining portfolio duration
Yield curve positioning determining portfolio maturity structure
Proprietary quantitative analysis
Cost effective trading
Futures/derivatives and forwards
The company provides a variety of annuity products . Among variable annuities, Pacific Innovations Select, Pacific Value, pacific Voyages, Pacific Portfolios for Chase, Pacific One Select, Pacific Odyssey, Pacific Frontiers
The company offers a PL 529 PLAN. There are facilities of tax-free savings, ownership control, gift and tax advantages and investment options offered by Portfolio Optimization Funds. The A-B-C case studies displayed on the company website is quite informative in this case.
The company offers a host of life insurance policies designed to meet the insurance and financial needs of the customers. The various life insurance products are Pacific Select Exec III, Pacific Select Estate Preserver, Pacific Indexed Accumulator II, Versa-Flex VI. The term life life insurance products are Protector- 10, Protector- 20 and Protector- ART.
One can choose from a host of different funds like the 5 Portfolio Optimization Funds- asset allocation optimization funds, multi manager platform, modeling by Ibbotson Associates. The PL Money Market Fund is another option. One can invest in Pacific Life Individual Program and Portfolio Optimization Funds R Shares.
PRODUCTS AND SERVICES FOR BUSINESS:
The investment products include Stable Value Products, Funding Agreements. The annuity products include Retirement Annuities, Structured Settlements. Among guaranteed index products are Enhanced Bond and Index Fund.
Contact via Phone:
General questions or comments
Pacific Life Corporate Offices: (800) 800-7646
Product specific questions or comments
Annuities: (800) 722-4448
College Savings: (800) 722-2333
Mutual Funds: (800) 722-2333
Life Insurance: (800) 347-7787
Retirement Annuities: (800) 800-9534
Contact via mail:
(for Pacific Life Insurance Company and Pacific Life & Annuity Company) Regular Mail:
P.O. Box 9000
Newport Beach, CA 92658-9030
700 Newport Center Drive
Newport Beach, CA 92660-6397
Last Updated on : 22th July 2013