Ivascyn to be new Pimco chief investment officer: source
(Reuters) - Pimco's Deputy Chief Investment Officer Daniel Ivascyn is expected to succeed Bill Gross as the new chief investment officer of the giant bond fund, after Gross' departure, a source familiar with the situation said.
An announcement is expected later on Friday.
(Reporting By Paritosh Bansal; Editing by Chizu Nomiyama)
© Thomson Reuters 2017 All rights reserved.