Bengaluru boy, who went to US with just a bag pack, is now co-manager of $1.5-billion bond fund
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.
Palghat then quit in 2006 and co-founded Kapstream.
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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