Mr. Berndt is an executive vice president and portfolio manager in the Munich office, managing euro investment-grade credit portfolios. Prior to joining PIMCO in 2000, he worked for BfG Invest in Frankfurt, managing a broad range of fixed-income portfolios. He has 22 years of investment experience and holds a master’s degree in business from Business School of Banking and Finance in Frankfurt, Germany. He is also a member of the German Association of Investment Professionals (GAIP).
The eurozone’s sovereign debt crisis is contaminating corporate credit markets and challenging valuation of credit securities in the region.
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