Unofficial proposals to create government debt backed by the entire 17-member eurozone would produce a massive bond market, similar in size, liquidity and quality to the $7.3 trillion U.S. Treasury market
Allianz Global Investors on Tuesday announced restructuring effective Jan. 1 that will give PIMCO greater distribution independence and will more closely align the elements of Allianz's other business.
Bond investors should not expect returns for the next 11 years to be as good as those of the previous 11, and severe drawdowns are possible when inflation is rising, according to the annual Credit Suisse Global Investment Returns Yearbook 2010
Institutional investors are beginning to incorporate climate change risk factors into their asset allocation processes, and leading funds are contemplating a bevy of environmentally friendly investments
The world is in the middle of a “multiyear resetting of the global economy,” Mohamed El-Erian, PIMCO CEO and co-chief investment officer, said at a news conference in London today.
