Gross’ new heir apparent post-El-Erian
The road Andrew Balls took from journalist to one of Bill Gross's new top deputies — all by the age of 40 — went through Oxford and Harvard, with a stop at Stanley Fischer. He's likely to become one of the public faces of Pacific Investment Management Co., so there are some things to know about him.
His older brother, Ed, might be the U.K. Chancellor of the Exchequer if the Labour Party wins the next election. His father is a pioneer of alternatives to using animals in medical experiments.
Two of the biggest funds he managed for Pimco beat more than 90% of peers in the past three years.
He thi
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