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NEWPORT BEACH, Calif., March 16, 2021 (GLOBE NEWSWIRE) PIMCO, one of the world s premier fixed income investment managers, is pleased to announce the promotion of the officers of the firm to Managing Director. Our goal is to select outstanding professionals and individuals who can meaningfully contribute to achieving our clients investment goals, growing our firm, developing talent and enhancing opportunities going forward, said PIMCO Chief Executive Officer Emmanuel Roman and PIMCO Group Chief Investment Officer Daniel Ivascyn. In order to achieve these objectives, we need to have a Managing Director group that represents a broad collection of skillsets and diverse perspectives across functions and regions, and embodies PIMCO s Core Values and our commitment to integrity and excellence – the key elements of our culture, Roman and Ivascyn said.
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PIMCO Announces 2021 Managing Directors
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Laboratory tests revealed that black rockfish caught at a depth of 24 meters (m) nearly 8.8 kilometers (km) off the coastal town of Shinchi were contaminated with up to 500 becquerels (Bq) of radioactive cesium per kilogram. The permitted standard level is 100 Bq of radioactive cesium per kilogram.
Fishermen in affected coastal towns have since suspended fishing for the species, citing potential health issues. In addition, the Fukushima Prefectural Federation of Fisheries Cooperative Associations has also halted the distribution of black rockfish until local authorities can declare it safe to do so.
On Feb. 19, Tokyo Electric Power Co. (TEPCO) said cooling water levels have fallen in two reactors at the Fukushima Daiichi Nuclear Power Plant since a powerful earthquake hit the area over the weekend. The earthquake might have caused damage to the plant and caused water to leak.