Christian Stracke:
We are in a moment of radical change in technology and finance. Those will bring radical risks and radical new opportunities.
[TITLE CARD: STEWARDS OF INVESTMENT]
Christian Stracke:
PIMCO's mission is very simple. It is to provide the best investment outcome for clients across public and private markets.
[TITLE CARD: Christian Stracke, President, PIMCO]
Christian Stracke:
You cannot just build a portfolio that works only if everything works out. You have to have a portfolio that seeks downside protection, because in all of the changes that we're seeing, there will be some amazing winners and there will be some losers.
[TITLE CARD: Fernando Rivas, CEO, Wells Fargo Corporate & Investment Banking]
Fernando Rivas:
Investors trust PIMCO because they can construct their clients’ portfolios to be resilient. PIMCO is one of the largest active fixed income asset managers in the world. They turn to Wells Fargo as a financial partner that can match that scale, that complexity.
[GRAPHIC: $2 trillion assets under management
PIMCO manages $2.20 trillion in assets, including $1.78 trillion in third-party client assets as of 30 September 2025. Assets include $82.1 billion in real estate, as measured by net asset value (which excludes uncalled capital) as of 30 June 2025 (gross asset value equivalent of $94.1 billion), managed by Prime Real Estate, an affiliate and wholly-owned subsidiary of PIMCO and PIMCO Europe GmbH, that includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC and their subsidiaries and affiliates. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO. Employee data excludes PIMCO Prime Real Estate employees.]
[GRAPHIC: 24 Global offices]
Christian Stracke:
It really is a partnership around complementary capabilities. Wells Fargo is a real leader in providing innovative solutions to asset managers. Our clients can take advantage of this emerging change.
Fernando Rivas:
Wells Fargo has one of the top investment grade and leverage finance franchises on Wall Street. Our corporate and commercial banking customers seek to access the fixed income markets. There is a natural partnership between Wells Fargo as we bring issuers to market and PIMCO as they seek to invest in those new issues. And we both have the staying power and the wisdom to support our clients in their needs as they evolve. We're scanning the horizons to make sure that we're capturing all the opportunities for our clients.
Christian Stracke:
We want to be able to look back and say that we have brought clients these opportunities in these times of change, but also helped clients understand the risks along the way. We are a trusted set of hands.
Close with music
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The Next Horizon
PIMCO
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Wells Fargo Corporate & Investment Banking (CIB) and Wells Fargo Securities (WFS) are the trade names used for the corporate banking, capital markets, and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, member of NYSE, FINRA, NFA, and SIPC, Wells Fargo Prime Services, LLC, member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A., member NFA and swap dealer registered with the CFTC and security-based swap dealer registered with the SEC, member FDIC. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC, are distinct entities from affiliated banks and thrifts. © 2025 Wells Fargo & Company.