1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Hewlett-Packard Denied Opportunity to Settle with Shareholders
Hewlett-Packard Denied Opportunity to Settle with Shareholders
Man Speared Through Throat By McDonald’s Orange Juice Sues
Man Speared Through Throat By McDonald’s Orange Juice Sues
Goldman Sachs to Pay $1.1 Billion to Settle Claims with Federal Housing Finance Agency
Goldman Sachs to Pay $1.1 Billion to Settle Claims with Federal Housin...
10 Tips to Ensure Success in a Big Law Firm
10 Tips to Ensure Success in a Big Law Firm
Job Listings

El-Erian Described Bill Gross as One of World’s Best Investors

Chief economic adviser to Allianz SE, Mohamed El-Erian, said in an interview with Betty Liu on Bloomberg Television that, “I have had the privilege of watching him in action and he is just a great investor.” According to Bloomberg News, this is how the Pacific Investment Management Co.’s former Chief Executive Officer, Mohamed El-Erian, described Bill Gross, as one of the world’s best investors in his first television interview since leaving the investment firm in March.

El-Erian, 55, is a widely recognized thought leader and, along with Bill Gross, is credited with developing the post-global financial crisis concept of the “New Normal”. Bill Gross who manages the $232 billion Total Return Fund according to Bloomberg News, has among the best long-term track records in the industry. Bill Gross manages one of the world’s largest mutual funds, focusing mostly on bonds. Called “the nation’s most prominent bond investor” by the the New York Times, he co-founded Pacific Investment Management (PIMCO) and the 69-year-old billionaire investor currently manages PIMCO’s Total Return fund, reportedly the world’s largest bond fund, as well as several smaller ones.

El-Erian has reported that he left Pimco after 14 years to do something different. According to a report by Bloomberg Business Week, El-Erian said he now spends up to 50 percent of his time advising Pimco’s parent Allianz. According to the Investment news, El-Erian is also writing a column for Bloomberg View, the opinion section of Bloomberg News, working on a book about central banks and doing a periodic column for the Financial Times. Spending more time with his daughter, he cited as a main reason for his leaving from Pimco. “You realize there are special moments in your children’s life,” El-Erian said according to Bloomberg News. “I was missing too many of these special moments. It is that simple.”

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


Image Credit: www.newsfiber.com

El-Erian Described Bill Gross as One of World’s Best Investors by

Tagged: , , , , , , ,

Jaan Posted by on April 24, 2014. Filed under Business News,Home. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Real Estate Associate
USA-TX-Dallas

Our client is a north Dallas law firm who seeks a Real Estate Development Associate.  The ideal candidate will have 2-4 years law firm experience concentrated in representing real estate develope...