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December 12, 2023. NEWPORT, California.

Mr. Mittal, a 16-year veteran of PIMCO, will report to Dan Ivascyn, Managing Director and PIMCO Group Chief Investment Officer

PIMCO, a global leader in active fixed income with deep expertise across public and private markets, has named Mohit Mittal, Managing Director and Portfolio Manager, as Chief Investment Officer – Core Strategies. In this role, he will oversee fixed income portfolios across PIMCO’s core suite of strategies - including Low and Moderate Duration, Total Return and Long Duration – and lead the core portfolio management team. Mr. Mittal will report to Dan Ivascyn, Managing Director and Group Chief Investment Officer.


Mr. Mittal is a longstanding leader on the trade floor, a member of PIMCO’s Investment Committee and has a strong track record across a broad range of portfolios. He joined the Total Return portfolio management team five years ago and has contributed to PIMCO’s multi sector portfolios including Long Duration, Dynamic Bond, Stable Value and Investment Grade Credit.


“Mohit is the rare talent who brings deep quantitative expertise with macro insights to investing while embracing a collaborative approach that harnesses the best investment ideas generated by a team of portfolio managers,” said Mr. Ivascyn. “He’s a welcome addition to PIMCO’s highly experienced group of CIOs and his focus on core strategies further strengthens our leadership in fixed income markets.”


PIMCO’s other CIOs include Andrew Balls, Managing Director and CIO – Global Fixed Income, Mark Kiesel, Managing Director and CIO – Global Credit, Marc Seidner, Managing Director and CIO – Non-traditional Strategies, and Qi Wang, Managing Director and CIO – Portfolio Implementation.


Professional Biography


Mr. Mittal is a Managing Director and Chief Investment Officer – Core Strategies based in the Newport Beach office. He is a member of the Investment Committee, and a portfolio manager for fixed income multi-sector portfolios across the duration and credit spectrum.  As CIO of Core strategies, Mr. Mittal has leadership and oversight responsibilities for strategies across our Low and Moderate Duration, Total Return, and Long Duration strategy suite. Morningstar named him winner of the 2020 U.S. Morningstar Award for Investing Excellence in the Rising Talent category. Mr. Mittal also serves on the board of Orangewood Foundation. He joined PIMCO in 2007 and holds an MBA from the Wharton School of the University of Pennsylvania and an undergraduate degree in computer science from Indian Institute of Technology (IIT) in Delhi, India.



January 19, 2024. SYDNEY, Australia


Cboe Australia (“Cboe” or “Cboe Australia”), a regulated stock exchange committed to transforming, improving and growing Australia’s securities and derivatives markets, today announced the introduction of Cboe quoted products to CFS Edge.


The full range of innovative Cboe quoted products are accessible to advisers using Colonial First State’s (CFS) new wealth management platform, CFS Edge.


Launched in August last year, CFS Edge is a contemporary wealth management platform, bringing world-class technology and capability to the Australian financial advice sector and their clients.


Cboe Australia President, Emma Quinn, said the partnership with CFS underlined Cboe’s commitment to offering cutting-edge investment solutions to a greater number of Australians.


“We are delighted to announce this exciting partnership with Colonial First State and expand investor access through CFS Edge,” she said.


“As our quoted product offering continues to grow, so too does demand from advisers and their clients for access to breakthrough investment options.”


“This partnership with CFS is also the latest step in our journey to provide Australian investors with access to globally quoted ETP’s and listed companies, which we expect to offer to Cboe participants from 2024, pending regulatory approval.” CFS Group Executive, Distribution, Bryce Quirk, said the partnership with Cboe served to provide further depth to CFS Edge.


“As advisers seek to build client portfolios designed to manage uncertain investment markets, it’s important they have access to the broadest possible range of investment solutions,” Mr Quirk said.


“By integrating Cboe Funds into CFS Edge, advisers and their clients will benefit from Cboe Australia’s wide range of premium ETFs and Quoted Managed Funds.”


February 01, 2024. RALEIGH, N.C. US

This February, Show Teens and Young Adults with Cancer That You Care

February is nonprofit Teen Cancer America's (TCA) "Month of Love," and First Citizens Bank is encouraging everyone to share the love and give hope to young people with cancer.


"TCA's Month of Love is a time set aside to show teens and young adults diagnosed with cancer how much we care," said Jeff Ward, First Citizens' chief strategy officer and national TCA board member. "TCA is the only national nonprofit dedicated to this age group, which has unique physical and psychological needs. We're proud to support TCA's efforts to improve medical outcomes, enhance treatment experiences and provide facilities and programs designed especially for these young people. Please join us in championing this important cause."


To Participate


TCA is First Citizens' primary bankwide philanthropic partner. Since 2015, First Citizens has helped establish TCA programs at six medical centers, served as an advocate, raised awareness and contributed more than $3.3 million for the cause.


More than 90,000 young people are diagnosed with cancer each year. Supporting TCA:

  • Helps medical centers build young people-centric spaces.

  • Strengthens partnerships with 62 hospital partners across the country to improve oncology care.

  • Enhances programs, services and hospital experiences and enriches the quality of life for young people and their families.

  • Funds dedicated research, creates direct patient service programs, educates healthcare professionals through webinars, meetings and conferences and much more.


First Citizens will be promoting TCA's "Month of Love" online and through social media throughout February.


To date, the bank's efforts have helped establish TCA cancer programs in six hospitals: Duke Cancer Institute in Durham, N.C.; UNC Lineberger Comprehensive Cancer Center in Chapel Hill, N.C.; Monroe Carell Jr. Children's Hospital at Vanderbilt University in Nashville, Tenn.; Prisma Health Cancer Institute in Greenville, S.C.; Bon Secours St. Francis Health System, also in Greenville, S.C.; and Atrium Health Wake Forest Baptist in Winston-Salem, N.C.


Thanks to the bank's support, North Carolina is the first and only state in the nation to have adolescent and young adult programs in every one of the state's National Cancer Institute-designated cancer centers.


About First Citizens Bank

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets. Discover more at firstcitizens.com. Member FDIC.


About Teen Cancer America

Founded by rock icons Roger Daltrey and Pete Townshend of The Who, Teen Cancer America helps hospitals and healthcare professionals bridge the gap between pediatric and adult oncology care by supporting hospitals and outpatient facilities in the development of specialized units and programs for this age group. Age-targeted care for this population is necessary for medical and appropriate psychosocial development. Teens and young adults with cancer are long overdue for an upgrade and TCA can hopefully light the fire in America's health systems. Please visit TeenCancerAmerica.org.


Contact: Barbara Thompson

First Citizens Bank 

(919) 716-2716



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