Mr. Li is an executive vice president in the Newport Beach office and a portfolio manager focusing on mortgage- and asset-backed securities. Prior to joining PIMCO in 2009, he worked in mortgage strategies at Goldman Sachs in New York. Before that, he worked for Morgan Stanley and Lehman Brothers in New York, focusing on modeling and analytics for various fixed income products. He has 24 years of investment experience and holds a Ph.D. in physics from the University of Michigan, Ann Arbor. He received his undergraduate degree from the University of Science and Technology of China.