Bengaluru boy, who went to US with just a bag pack, is now co-manager of $1.5-billion bond fund
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After American fund
Palghat will now co-manage the Janus Unconstrained Bond Fund along with Gross.
India-born Palghat is a known whiz in the global bond market, where trillions are traded every day.
He started as a loan officer in IMF Credit Union in Washington DC before joining the World Bank to oversee its $30-billion portfolio and later on joined PIMCO in 1997 and spent the following decade in the US and Australia, only to manage the fund's Asia-Pacific portfolio.
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In 2012, Palghat gave an interview to BRW in which he said the best decision was to sell senior unsecured notes of
Meanwhile, Palghat described Gross as his investment hero.
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