PIMCO’S global credit chief investment officer Kiesel retires

NEW YORK (Reuters) -Mark Kiesel, managing director and chief investment officer for global credit at bond giant PIMCO, is retiring from the firm, PIMCO said on Thursday.

Kiesel has been at PIMCO for 29 years and was a member of the asset manager’s investment committee. The Newport Beach, California-headquartered bond-focused investment firm manages about $2.1 trillion in assets.