Experts

Munish Gupta

Portfolio Manager

Mr. Gupta is an executive vice president and portfolio manager in the Newport Beach office, focusing on agency mortgage-backed securities and structured products. Prior to joining PIMCO in 2018, he was a founding member and senior portfolio manager at Nara Capital. Previously, he was a managing director at Structured Portfolio Management (SPM) and held research and portfolio strategy positions at various buy-side firms. He has 18 years of investment experience and holds master's degrees in electrical engineering from the University of Cincinnati and in quantitative and computational finance from the Georgia Institute of Technology. He received his undergraduate degree from the Thapar Institute of Engineering and Technology in India.

Economic and Market Commentary

Mind the Supply: The Counterintuitive Impact of Higher Rates on U.S. Housing

01/12/2023

The dearth of homes for sale has underpinned the housing market’s surprising resilience and may further lift home prices despite reduced affordability.

Daniel Hyman, Munish Gupta, Arnaud Benahmed

Economic and Market Commentary

Spring Brings Cautious Optimism to U.S. Housing Market

11/05/2023

Although affordability remains an obstacle, recent data offer reasons to be more constructive as broader conditions still appear supportive of home prices.

Daniel Hyman, Arnaud Benahmed, Munish Gupta

Economic and Market Commentary

Staying in Place ? The Post-Pandemic Housing Market

05/01/2023

We expect further weakening in U.S. home prices, although not a sharp decline, as higher mortgage rates pressure affordability and induce many homeowners not to move.

Daniel Hyman, Arnaud Benahmed, Munish Gupta, Bryan Lazarus

Economic and Market Commentary

Agency MBS: Opportunities for Alpha in a Post-QE World

28/07/2022

Agency mortgage-backed securities (MBS) have faced unique challenges in 2022, but these challenges also create attractive new opportunities for active management.

Munish Gupta, Daniel Hyman, Bryan Lazarus