PIMCO says it will replace Bill Gross “within hours”.

The current CIO’s are:

  • Andrew Balls
  • Daniel J Ivascyn
  • Mark Richard Kiesel
  • Scott A Mather
  • Mihir P Worah

Perhaps Mohammed El-Erian or Paul McCulley are also candidates but they’ll want to make a splash so clients don’t start pulling their money.

But we hear this guy knows a thing or two about buying bonds

:)

The new CIO of PIMCO?