The global investment manager has picked five well-known figures in the economic and political world for its new advisory board.

PIMCO has recruited five high-profile figures in the economic and political spheres to shape its new global advisory board.

The board members will contribute their insights to the firm on global economic, political and strategic developments and their relevance for financial markets.

They include: Ben Bernanke (who will serve as chairman), Gordon Brown, Ng Kok Song, Anne-Marie Slaughter and Jean-Claude Trichet.

The board members are: Ben Bernanke, former Federal Reserve chairman and scholar at the Brookings Institution; Gordon Brown, former UK Prime Minister and former Chancellor of the Exchequer; Ng Kok Song, former CIO of the Government of Singapore Investment Corporation; Anne-Marie Slaughter, former director of policy planning for the US State Department; and Jean-Claude Trichet, former president of the European Central Bank and present chairman of the European group of the Trilateral Commission.

The board will meet several times a year at PIMCO’s Newport Beach office as well as at other PIMCO offices around the world. The members will also attend the firm’s annual Secular Forum in May of each year, where PIMCO’s investment professionals discuss the economic outlook and its implications for markets over the next three to five years.