Mike Blake/Reuters
More harassment and discrimination allegations against Pimco emerged in a new complaint.
A former employee accused Pimco s former funds board chair and ex-top communications executive of harassment.
The amended complaint filed on Thursday in California builds on previous allegations.
Three more women have joined a lawsuit against the $2.2 trillion asset manager Pimco, bringing forward new accusations of sexual harassment against two men who once held prominent positions at the firm.
In an amended complaint filed Thursday in the Superior Court of California of the County of Orange, Amanda Thiem, a former administrative assistant, alleged Daniel Tarman, the firm s former global head of corporate communications, instructed her to perform sexual acts on him and told her that he had solicited sexual acts from other women in the office.
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HUB, a new technology led firm focused on providing flexible and modular infrastructure for asset managers’ middle and back office, aims to break down silos and friction between systems and data.
PIMCO, Man Group, IHS Markit, State Street, Microsoft & McKinsey & Co To Form HUB
REDMOND (dpa-AFX) - PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company announced the intention to form a new technology-led company, HUB. It will be a new technology led company focused on providing modular infrastructure for asset managers middle and back office functions. The cloud-based operating platform will be designed and built in collaboration with PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey.
Emmanuel Roman, CEO of PIMCO, said: Through this partnership, HUB will combine modern technology and infrastructure to streamline our middle and back office functions and feed data to every part of our business including distribution and analytics.