Hammer rejoins PIMCO

PIMCO has hired David Hammer as an executive vice-president and portfolio manager for municipal bond portfolio management.

“David’s expertise in municipal bond trading, research and portfolio management is a tremendous enhancement to our seasoned municipal bond portfolio management team,” says Marc Seidner, managing director, chief investment officer for non-traditional strategies and PIMCO’s head of New York portfolio management.

Hammer has 13 years of investment experience.

He first joined PIMCO in 2012 as a senior vice-president and left in 2014 to join Morgan Stanley, where he was managing director, head of municipal trading and research, responsible for institutional and retail municipal trading, risk management and municipal credit research.

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