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El-Erian leaving PIMCO...
Posted on 1/21/14 at 3:46 pm
Posted on 1/21/14 at 3:46 pm
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Hopefully he will still be a regular contributor to Bloomberg Surveillance. His interviews with Tom Keene are always great.
Hopefully he will still be a regular contributor to Bloomberg Surveillance. His interviews with Tom Keene are always great.
quote:
PIMCO, a leading global investment management firm, announced today that Chief Executive Officer and Co-Chief Investment Officer Mohamed A. El-Erian has decided to step down from his role and leave the firm in mid-March. He will remain a member of the Allianz International Executive Committee and, as of mid-March, also advise the Board of Management of Allianz on global economic and policy issues. PIMCO’s founder William H. Gross will continue to serve as the firm’s Chief Investment Officer. At the same time, the firm has appointed a new portfolio management and executive leadership team. They will immediately begin to transition into their new roles.
Posted on 1/21/14 at 4:13 pm to ForeLSU
I enjoy his perspective. Must be stepping down to fill the Presidency void in Egypt.
JK
JK
Posted on 1/21/14 at 4:33 pm to ForeLSU
Good timing. Most bond funds are rough right now.
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