UPDATE 1-Allianz's El-Erian says market turmoil creating opportunity -CNBC
August 24, 2015 at 10:03 AM EDT
NEW YORK, Aug 24 (Reuters) - Mohamed El-Erian, chief economic adviser at Allianz SE, said Monday that turmoil in stock markets was creating opportunities for investors, but could prevent the Federal Reserve from hiking interest rates next month.