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MOVES-PIMCO hires Nick Granger as managing director, portfolio manager

Sept 4 (Reuters) - PIMCO (Pacific Investment Management Company), one of the world's largest fixed-income managers, said on Wednesday it had hired Nick Granger as managing director and portfolio manager of Quantitative Analytics.

The company said Granger will lead its quantitative team and work with the firm's 255-plus portfolio managers.

He will join PIMCO in the first quarter of 2020.

Granger was most recently at Man Group in the United Kingdom where he was chief investment officer of Man AHL and a Man Group executive committee member. (Reporting by Arjun Panchadar in Bengaluru; Editing by Shinjini Ganguli)