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PIMCO names new head of Asia Pacific

Fixed-income manager PIMCO has announced the appointment of a new Asia-Pacific head, following the promotion of the current head to global head of product strategy. Alec Kersman, managing director, will become the new head of Asia-Pacific, replacing Kimberley Stafford, managing director, who has been named the global head of PIMCO’s product strategy group. Kersman is currently head of strategic accounts…

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