In recent months, Ivascyn has been seen as the heir apparent at PIMCO.
Bill Gross, the most powerful name in bonds, announced on Friday morning that he was leaving the firm he cofounded effective immediately to join Janus Capital. It was also reported that the 70-year-old bond manager was going to be fired tomorrow for his “increasingly erratic behaviour.”
Here’s what we know about Ivascyn:
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.