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Ben Bernanke, the former chairman of the U.S. Federal Reserve, will be serving as a senior advisor to PIMCO, the global investment management firm has just announced.
Bernanke will contribute his economic expertise to the firm’s investment process and periodically engage company clients.
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“[Bernanke’s] unrivalled experience in navigating the global economy through the financial crisis will provide PIMCO’s investment professionals with unique insights as we help our clients amidst a challenging and uncertain period for global markets in the coming years,” says Douglas Hodge, PIMCO’s CEO.
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