Pacific Investment Management Co. has hired Joshua Anderson, as a collateralized debt obligation analyst. He moves over from Merrill Lynch, at which his final day was last Friday. He starts this week at Newport Beach-based PIMCO, working within an undisclosed group. He will cover both asset-backed securities and CDOs, playing a mixed role as an analyst and portfolio manager. It could not be determined to whom he will report. Anderson declined to comment. Calls to Mark Porterfield, a spokesman at PIMCO, were not returned.
At Merrill, Anderson reported to Dan Castro, head of ABS research. Castro says he will collect resumes this week and next week, targeting mid-month as a starting date to begin an active search. The candidate will be hired at the v.p. level, he says.