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PIMCO Advisors has appointed Mark McCray, formerly a bond portfolio manager at Goldman Sachs & Co., New York, as senior vice president in an effort to grow the Newport Beach, Calif.-based firm's four municipal bond funds.
McCray, who oversaw seven traders for Goldman Sachs' broker/ dealer business, will manage and work to grow the combined $72 million in the PIMCO Municipal Bond Fund and three new funds introduced last...