Shake-Up at PIMCO: Who Dumped Whom?
A former PIMCO executive explains how cultural changes under Mohamed El-Erian led to Bill Gross’s decision to bolt from the bond giant.
David Young
September 29, 2014
Mohamed El-Erian, chief economic advisor at Allianz SE, pauses while speaking at the 31st Annual Meeting of the Bretton Woods Committee at the World Bank Headquarters in Washington, D.C., U.S., on Wednesday, May 21, 2014. This year's meeting brings together leaders and experts from business and civil society to consider the value and changing nature of multilateralism in an age of austerity. Photographer: Pete Marovich/Bloomberg *** Local Caption *** Mohamed El-Erian
Pete Marovich/Bloomberg
