Mohit Mittal Promoted to PIMCO’s CIO of Core Strategies

The 16-year veteran of the firm will report to group CIO Dan Ivascyn.
Reported by Matt Toledo

PIMCO has promoted Mohit Mittal to CIO of core strategies, the firm announced. Mittal will oversee fixed-income portfolios across PIMCO’s core suite of strategies and will lead the core portfolio management team. Primarily, Mittal will focus on strategies such as low- and moderate-duration, total return and long-duration.  

Mittal will report to Dan Ivascyn, managing director and group CIO. PIMCO’s other CIOs include Andrew Balls for fixed income, Mark Kiesel for global credit, Marc Seidner for non-traditional strategies and Qi Wang for portfolio implementation. 

“Mohit is the rare talent who brings deep quantitative expertise with macro insights to investing while embracing a collaborative approach that harnesses the best investment ideas generated by a team of portfolio managers,” Ivascyn said in a statement. “He’s a welcome addition to PIMCO’s highly experienced group of CIOs, and his focus on core strategies further strengthens our leadership in fixed-income markets.”

Mittal has spent 16 years at PIMCO, most recently as managing director and portfolio manager within the core strategies group. He was previously a consultant at Deloitte. He earned a bachelor’s degree in computer science from the Indian Institute of Technology in Delhi and an MBA from the Wharton School at the University of Pennsylvania.  

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Dan Ivascyn, Mohit Mittal, PIMCO, PIMCO Core Strategies,