With more than $7.8 billion in assets under management, Nicholas-Applegate Capital Management's institutional clients include corporate and government retirement plans. The investment firm's global trading desk at its offices overlooking San Diego Bay houses nine traders: Two cover Latin America and Canada (as well as U.S. program trading), two cover Asia-Pacific, and five cover U.S. equities. Nicholas-Applegate also has a trader in London who covers developed and emerging European countries and the Middle East. The firm, which has operated as an autonomous subsidiary of Allianz Global Investors since 2001, offers investments in systematic equity, traditional global, and U.S. and non-U.S. income and growth strategies.