Still, Wilson is confident that Pimco’s funds under management in Australia will continue to grow.
“As a community ages, the demand is for security and recurring income,” he says. “The demand for fixed income has to go up.”
25/05/2012
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Investments
Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.
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