Tough tasks await Pimco’s new Asia chief

It’s been a frenetic couple of years in Asia for Pimco under Eric Mogelof, who is handing the regional reins to Kimberley Stafford, previously head of the client relations group at the bond fund house. Since his appointment in July 2014 Mogelof has overseen hiring to spearhead a move into the retail market in Asia, sought to drive further expansion into equities and said Pimco was eyeing a Chinese presence, most likely through a wholly foreign-owned entity. That's not to mention s…