Introduced the use of international bonds in Total Return portfolios.

Pimco Bond Fund Introduced the use of international bonds in Total Return portfolios. Focused efforts on managing fixed income portfolios. Pioneered use of derivatives in Total Return portfolios. StocksPLUS Enhanced Equity Index product created launched 1986. Lately, it looks like the rest of the world has jumped on their bandwagon.

Opened offices in Singapore, Tokyo, London, and Sydney. Allianz announces completion of the acquisition of one of the largest banks in Germany, Dresdner Bank.