Mohamed El-Erian

Mohamed El-Erian has earned his status as one of the investment world's rock stars with surprising speed. After a 15-year career with the International Monetary Fund, he joined Pimco just 10 years ago and began managing the firm's emerging-markets bond fund.  

NEW YORK (Reuters) - Neel Kashkari, a former Goldman Sachs banker who ran the government’s $700 billion Troubled Asset Relief Program, has been tapped to head Pimco’s new investment initiatives. His appointment underscores Bill Gross’ and Mohamed El-Erian’s push to deepen the firm’s products and services beyond fixed income, Pimco’s bread and butter, and into equities. Gross [...]  

El-Erian, a former deputy director at the International Monetary Fund, shares the position of investment chief with Gross. On Dec. 7, Pimco hired former U.S. Treasury official Neel Kashkari to help oversee new investment initiatives as the firm makes ...  

Ira Stoll submits: Bloomberg News has a lengthy and detailed examination of Harvard University's losing bets on interest rates. Among the priceless quotes are from minutes of Harvard President Lawrence Summers's comments at a 2004 meeting of the Faculty of Arts and Science, in which he told the faculty he hoped they wouldn't be "preoccupied with the constraints imposed by resources, for Harvard was fortunate to have many deeply loyal friends...  

Tim Iacono submits: Investment managers at the fourth branch of the Federal Government, otherwise known as Pacific Investment Management Co. or Pimco, have reduced their exposure to government debt in anticipation of rising interest rates. This Bloomberg report has the details:Bill Gross, who runs the world’s biggest bond fund, cut government debt holdings and boosted cash to the most since Lehman Brothers Holdings Inc. collapsed in 2008 amid...  

Bill Gross, founder and co-chief investment officer of PIMCO, has increased his cash holdings in the flagship mutual fund he’s overseen since 1987. Wes Goodman and Garfield Reynolds wrote on the BusinessWeek website yesterday: Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., cut holdings of government debt and boosted cash [...]  

The “King of Bonds,” Bill Gross, has been tapped to manage more funds at the Newport Beach, California-based investment company he founded. From MarketWatch last night: Bond investing giant Pimco said Tuesday that Founder Bill Gross will immediately assume primary responsibility for managing the PIMCO Corporate Income Fund (NYSE:PCN) , the PIMCO Corporate Opportunity Fund (NYSE:PTY) [...]  

NEW YORK--(BUSINESS WIRE)--PIMCO Global StocksPLUS® & Income Fund (the "Fund") (NYSE: PGP), a non-diversified, closed-end management investment company which seeks total return comprised of current income, current gains and long-term capital appreciation, today announced its results for the fiscal quarter and six months ended September 30, 2009.   At September 30, 2009   2008 Net Assets $103,335,280 $158,919,587 Shares Outstanding 9,928,506 9...  

The move could help the Newport Beach bond fund giant compete if the economy continues to recover. The firm also has hired former bank bailout chief Neel Kashkari to head 'new investment initiatives.' Bond mutual fund titan Pimco is jumping the fence -- into stock picking.  

(Please visit the site to view this media)Sharing his views on the economy and responding to Fed chairman Bernanke's speech, with Bill Gross, Pimco co-chief investment officer/founder....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.  

Pimco's Zhu Leaving for China Foreign-Exchange PostWall Street JournalChanghong Zhu, a derivatives specialist at Allianz SE's Pacific Investment Management Co., is leaving the firm to help manage China's ...China's Currency Regulator Hires Pimco Manager ZhuBloombergChina hires Pimco's Zhu to help run $2.3 trillion in reservesTelegraph.co.ukPIMCO Director Joins SAFEEmii.comMoney Management Letter -Pensions & Investments -FINalternativesall 10...  

NEW YORK (Dow Jones)--Pacific Investment Management Co., manager of the world's largest bond fund, is buying debt in a group of Middle East countries and companies in a broader strategy to take advantage of current dislocations it sees in the market ...  

The investment management firm Pimco announced Monday that it had hired Neel Kashkari, a former assistant Treasury secretary who helped direct the $700 billion banking bailout, as well as two top portfolio managers from Franklin Templeton Investments.  

Pacific Investment Management Co., which runs the world's biggest bond fund, is buying the debt of Abu Dhabi, Qatar and Ras Laffan Liquefied Natural Gas, Michael Gomez, co-head of emerging markets at the fund manager, told Bloomberg News.  

Pimco's New Job Raises ConcernsWall Street JournalThe choice of bond-fund powerhouse Pacific Investment Management Co. to size up risk in insurers' home-mortgage bonds ...Pimco Chosen by Regulators to Review Insurer Home-Loan HoldingsBloombergPIMCO to help NAIC assess mortgage securities riskBusiness InsuranceInsurance Commissioners Pick PIMCO to Model RMBSHousing WireWall Street Journalall 25 news articles »