PIMCO Advisors Holdings L.P. (PA) has hired Mohamed A. El-Erian, formerly with Salomon Smith Barney, as executive vice president and senior emerging markets portfolio manager of its fixed-income unit, Pacific Investment Management Company, the largest U.S. bond manager.

El-Erian will be joining PIMCO from Salomon Smith Barney in London where he headed the emerging markets economic research team. Prior to that, El-Erian had been deputy director of the International Monetary Fund.

"Mohamed brings to us a notable record of accomplishments in emerging markets," said PIMCO Chief Executive Officer William S. Thompson. "He will be a great addition to our existing team of fixed income experts, as we continue to search the world for opportunities to add value for our clients." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE