Pimco said it is shutting down two of its equity strategies and its chief investment officer of global equities is leaving the firm.

Pimco executive Virginie Maisonneuve will depart the firm in late June of her own accord, the company said. Based in the London office of Pimco, Maisonneuve was appointed to the role after the departure of Bill Gross, Pimco's founder and former chief investment officer, last year. There are no immediate plans to replace her.