Dialynas to Rejoin Pacific Investment

Chris Dialynas, a former executive at Pacific Investment Management Co., manager of the world’s largest bond mutual fund, rejoins the Newport Beach company this month as a managing director and portfolio manager.

Dialynas, 44, retired about five years ago after 13 years at Pacific Investment, where he was involved in managing U.S. and international bond portfolios, the company said. He’s also written extensively on fixed-income portfolio management.

“I missed the intellectual challenge of the Pimco environment and working with institutional investors,” Dialynas said. “I considered other opportunities, but nothing in my mind was comparable to Pimco.”

Dialynas, who spent his time away from Pimco involved in academic research on international finance, said he’ll be involved in starting such products as convertible bonds.

Pacific Investment is the largest of Pimco Advisors Holdings LP’s seven money-management affiliates, investing more than $138 billion for institutions and individuals. Pimco is one of the largest U.S. publicly traded fund-managers, with about $230 billion of assets.