NEW YORK (Reuters) - Pacific Investment Management Co, the world's biggest manager of bond funds, named Mohamed El-Erian as its sole chief executive after co-CEO Bill Thompson retires at the end of the year. El-Erian returned to Pimco...

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Mohamed El-Erian is to become sole chief executive of Pimco after the world’s biggest bond fund manager said that Bill Thompson, his current co-chief, would retire at the end of this year. Mr El-Erian will also continue his role as co-chief...
He will take over as co-CEO Bill Thompson retires after 15 years at the helm of the Newport Beach...