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Pimco's emerging markets team

Emerging market economies are growing faster than the US, risk is decreasing and the product set is maturing, so how is it still possible to make good money from emerging markets? Credit looks for an answer from the Pimco managers who took over the emerging markets funds in California after the departure of legendary investor Mohamed El-Erian. Interview by Dalia Fahmy

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For almost a decade, stories about Pimco's emerging markets assets revolved around Mohamed El-Erian, the powerful lead portfolio manager known for the influence he wielded over sovereign issuers. Two years ago, El-Erian left Pimco to manage Harvard University's $26 billion endowment, America's largest university fund. Back in Newport Beach, California, two of El-Erian's deputies have taken over at

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