Central bankers & macro economists

Mohamed El-Erian

Chief Economic Adviser at Allianz; President of Queens' College, Cambridge

Born
1958
Based in
Cambridge, United Kingdom
Since
Adviser at Allianz since 2014
Frequency high

When you hear from them

Who they are

Mohamed El-Erian was for years the number two at bond giant PIMCO and is today one of the most quoted economists in the world. He no longer runs a large fund, which gives him the freedom to criticise central banks openly. He coined 'the new normal' for the sluggish growth after the credit crisis and warned early that the inflation of 2021 would not prove transitory.

Why it matters to investors

El-Erian writes and speaks almost daily, in plain language, about exactly the subjects central bankers talk around. That makes him a useful translator between the jargon of the ECB and the Fed and the question of what it means for a portfolio.

Career

  1. 1983

    Completes a doctorate in economics at Oxford and starts at the International Monetary Fund.

  2. 1999

    Moves to PIMCO, where he manages emerging markets.

  3. 2006

    Becomes head of Harvard University's endowment.

  4. 2007

    Returns to PIMCO as co-chief investment officer alongside Bill Gross.

  5. 2014

    Leaves PIMCO and becomes chief economic adviser at parent company Allianz.

  6. 2020

    Becomes President of Queens' College, Cambridge.

What they talk about

Notable quotes

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Updated: 2026-07-23

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