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Rating:After El-Erian, What Next for Pimco's Annus Horribilis? Not Rated 5.0 Email Routing List Email & Route  Print Print
Wednesday, January 22, 2014

After El-Erian, What Next for Pimco's Annus Horribilis?

News summary by MFWire's editors

El-Erian's departure, unfortunately, is one of those rare moments when Mohamed El-Erian gets more press than that peacock Bill Gross. El-Erian was supposed to be Gross' heir apparent, but instead announced his resignation after serving six years as the firm's designated adult. Perhaps it was inevitable. Pimco has suffered through an annus horribilis of record outflows and tumult in its equities initiatives. The bond giant's awkward tango 

Edited by: Tommy Fernandez

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