Mr. Devir is a managing director and portfolio manager in the Newport Beach office. He oversees Americas credit research, and is the lead analyst for global energy and lead portfolio manager for MLPs and energy infrastructure. Prior to joining PIMCO in 2011, he was a managing director and head of equity strategies at Barclays Capital in New York. He previously held a similar role at Lehman Brothers from 2005-2008. Before that, Mr. Devir worked for nine years in the equity division of Credit Suisse First Boston as director and portfolio manager in the European proprietary trading group in London and as director and head of U.S. equity proprietary trading in New York. He has 30 years of investment experience and holds an undergraduate degree from Siena College.
The OPEC+ plan to curb oil production complicates the global economic, inflation, and geopolitical outlook and will likely lead to higher prices for key commodities.