Exhibit 16(c)


                                POWER OF ATTORNEY



KNOWN ALL PERSONS BY THESE PRESENTS, that the undersigned constitutes and
appoints Charles H. Field, Jr. and E. Blake Moore, Jr. and each of them his true
and lawful attorney-in-fact as agent with full power of substitution and
resubstitution of him in his name, place and stead, to sign any and all
registration statements applicable to Nicholas-Applegate Institutional Funds,
and any amendment to supplement thereto, and to file the same with all exhibits
thereto and other documents in connection therewith, with the U.S. Securities
and Exchange Commission, granting unto said attorney-in-fact and agent full
power and authority to do and perform each and every act and thing requisite and
necessary to be done, as fully to all intents and purposes as he might or could
do in person, hereby ratifying and confirming all that said attorney-in fact and
agent, or his substitutes, may lawfully do or cause to be done by virtue hereof.

Dated: December 6, 2002


                                 /s/
                                 ---------------------------
                                 Walter E. Auch



                                POWER OF ATTORNEY



KNOWN ALL PERSONS BY THESE PRESENTS, that the undersigned constitutes and
appoints Charles H. Field, Jr. and E. Blake Moore, Jr. and each of them his true
and lawful attorney-in-fact as agent with full power of substitution and
resubstitution of him in his name, place and stead, to sign any and all
registration statements applicable to Nicholas-Applegate Institutional Funds,
and any amendment to supplement thereto, and to file the same with all exhibits
thereto and other documents in connection therewith, with the U.S. Securities
and Exchange Commission, granting unto said attorney-in-fact and agent full
power and authority to do and perform each and every act and thing requisite and
necessary to be done, as fully to all intents and purposes as he might or could
do in person, hereby ratifying and confirming all that said attorney-in fact and
agent, or his substitutes, may lawfully do or cause to be done by virtue hereof.

Dated: December 6, 2002


                                 /S/
                                 ----------------------------
                                 George F. Keane



                                POWER OF ATTORNEY



KNOWN ALL PERSONS BY THESE PRESENTS, that the undersigned constitutes and
appoints Charles H. Field, Jr. and E. Blake Moore, Jr. and each of them her true
and lawful attorney-in-fact as agent with full power of substitution and
resubstitution of her in her name, place and stead, to sign any and all
registration statements applicable to Nicholas-Applegate Institutional Funds,
and any amendment to supplement thereto, and to file the same with all exhibits
thereto and other documents in connection therewith, with the U.S. Securities
and Exchange Commission, granting unto said attorney-in-fact and agent full
power and authority to do and perform each and every act and thing requisite and
necessary to be done, as fully to all intents and purposes as she might or could
do in person, hereby ratifying and confirming all that said attorney-in fact and
agent, or her substitutes, may lawfully do or cause to be done by virtue hereof.

Dated: December 6, 2002


                               /S/
                               ------------------------
                               Darlene T. DeRemer