Ex-Pimco man calls Gross one of world's 'great investors'

Bill Gross Interview Pic

Mohamed El-Erian, who quit Pacific Investment Management Co. in January amid reports of clashes with Bill Gross, said the legendary bond manager is still one of the world’s great investors.

'I have had the privilege of watching him in action and he is just a great investor', El-Erian said in an interview with Betty Liu on Bloomberg Television.

Bloomberg reports that El-Erian, 55, speaking in his first television interview after leaving, declined to comment on his private relationship with Gross, which media reports painted as becoming increasingly strained as Gross struggled to navigate rising interest rates and client withdrawals in the past year.

Since El-Erian announced his resignation, triggering a management reorganization, Gross has said his firm is now in better shape than before and he may have been premature in anointing him as his heir apparent.

To access the complete Bloomberg article hit the link below:

El-Erian Says Gross Is One of World's Best Investors

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