Shrinking Euro Union Seen by Creditors

Shrinking Euro Union Seen by Creditors

Ramin Talaie/Bloomberg

Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., sold Argentina’s debt in 2000, helping Pimco’s Emerging Markets Bond reap a return of 26.8 percent that year, outperforming 98 percent of its peers, according to data compiled by Bloomberg.