PIMCO’s real return team manager, Gang Hu, is resigning from his current position, Morningstar reports. He will leave the firm on June 3, 2011 and be replaced by Rahul Seksaria, a member of the treasury inflation-protected securities team. Seksaria’s duties will be taken over by short-term bond group head, Chris Kemp. During Hu’s term with the firm, he managed the PIMCO Real Return fund alongside Mihir Worah.
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