General Investing >> Money Manager Interviews >> January 12, 2004

Horacio Valeiras – Nicholas-applegate Capital Management

HORACIO A. VALEIRAS is Chief Investment Officer of Nicholas-Applegate. He is responsible for overseeing all investment and trading functions within the firm. Prior to joining Nicholas-Applegate in 2002, Mr. Valeiras was a managing director of Morgan Stanley Investment Management, London, responsible for developing and overseeing their global core equity and European tactical asset allocation programs. He was previously head of international equity and asset allocation programs with Philadelphia-based Miller Anderson & Sherrerd. Mr. Valeiras started in the investment management industry with Credit Suisse First Boston, where he became the Director and Chief International Investment Strategist based in their London office. He serves on the Board of Directors of the San Diego Rowing Club. Mr. Valeiras earned an MBA degree with an emphasis on Finance from the University of California at Berkeley and a Master's degree from Massachusetts Institute of Technology, where he became an instructor in their graduate school program. He earned a BS degree in Chemical Engineering from Virginia Tech. Mr. Valeiras has 15 years of investment management experience. Profile
TWST: Would you begin by telling us about Nicholas-Applegate Capital

Management and your responsibilities there?

Mr. Valeiras: Nicholas-Applegate manages about $18 billion in assets,

mostly