Bengaluru boy, who went to US with just a bag pack, is now co-manager of $1.5-billion bond fund
Advertisement
Advertisement
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.
Advertisement
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.
Advertisement
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh