When Mohamed El-Erian left Pacific Investment Management Company in January, it was amidst what appeared to be a cat fight among two of the world’s most respected investment professionals. Simmering dispute comes to head A simmering dispute came to a head when El-Erian was confronted by Bill Gross, Pimco’s founder, in front of more than a dozen employees. El-Erian had been pushing Gross to tone down his behavior with employees at the firm when Gross apparently put on display the very behavior El-Erian was trying to adjust. “I have a 41-year track record of investing excellence,” Gross was reported to…
Did A Cat Fight Precede El-Erian's Departure From PIMCO?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.