Mr. Schneider is a managing director in the Newport Beach office and leader of short-term portfolio management and funding. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2015. Prior to joining PIMCO in 2008, Mr. Schneider was a senior managing director with Bear Stearns. There he most recently specialized in credit and mortgage-related funding transactions and helped develop one of the first "repo" conduit financing companies. Additionally, during his tenure at Bear Stearns he held various positions on the municipal and fixed income derivatives trading desks. He has 28 years of investment experience and holds an undergraduate degree in economics and international relations from the University of Pennsylvania and an MBA from the Stern School of Business at New York University.
Economic and Market Commentary
Discover how active management in short-term bonds may help investors earn premium returns over cash for a modest increase in risk, while maintaining diversification and resilience in the face of economic downturns.
Debt ceiling concerns are rippling through financial markets. We discuss the potential risks and opportunities for investors.
Shocks to the U.S. banking system underscore how even cash holdings can involve risk and also suggest that the timeline for a recession may have drawn nearer.
We believe short-dated bonds can offer attractive yields, flexibility, and a means to proceed cautiously as central banks continue to raise interest rates.
Recent volatility in short-term markets will likely, over time, be accompanied by more attractive income opportunities for cash allocations.
Quick Takes: Rising Rates and Short-Term Opportunities
Learn why short-term yields are more compelling than money market funds and why active management is key to both earning attractive yields and defending against risk with Jerome Schneider, head of short-term portfolio management.
Liquidity tiering may provide an attractive alternative as SEC proposals curtail capabilities of money market funds