PIMCO Australia has added to its institutional servicing team with the appointment of Eric Frerer as executive vice president and account manager, with a focus on institutional clients, including large superannuation funds.
Frerer has 24 years of industry experience and comes to the role from ANZ’s global markets division, where he was global head of institutional fixed income distribution.
He has also held senior investment banking positions with JP Morgan, Deutsche Bank and Commonwealth Bank of Australia in various global locations.
Frerer will be based in Sydney and will work with head of PIMCO Australia, John Wilson.
Wilson said Frerer’s appointment came at a particularly interesting time for the superannuation industry, as the need for industry participants to provide reliable income streams for members is becoming a higher priority.
This trend will accelerate as the Australian population ages, providing impetus for innovation within the super sector to ensure appropriate strategies are provided, Wilson said.
