Former PIMCO CEO Mohamed El Erian on Global Markets and India
Few have the depth of experience to understand the dynamics of markets as Mohamed A. El-Erian, currently the President of Queens’ College, Cambridge University, and Advisor to Allianz and Gramercy. El-Erian is widely sought after and followed by policy makers, asset managers, and analysts for his expert views and insights on equities and macros. In his earlier role as CEO/co-CIO of PIMCO (2007-2014), he was responsible for managing around $2 trillion in AUM across asset classes and geographies, together with the legendary founder of PIMCO, Bill Gross (referred to as the ‘Bond King’).
El-Erian shares his perspectives on US economy and markets and where India stands, in an exclusive interview with BusinessLine. Excerpts:
There is a point of view that the recent US inflation data, which has come in above estimates, is driven by base effect and hence is transitory. Others…