Most P&I Online readers believe the unexpected departure of PIMCO CEO Mohamed El-Erian will impact the firm's performance.
Mr. El-Erian was the expected successor of founder and Chief Investment Officer William Gross. Douglas Hodge will replace Mr. El-Erian as CEO.
Only 19% of the readers felt the executive changes at Pacific Investment Management Co. will have a significant impact on performance. Almost 38% felt it would have some impact, the most common answer among respondents. About 27% felt it would have little impact.
Only 17% felt it would have no impact on PIMCO's performance.
