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 May 2012 12:46
Sherman & Sterling, Morgan Stanley, US, fund management, fixed income, allianz, Pacific Investment Management Co., california, Duke University, bonds;, Melbourne University, BT, Oppenheimer Capital, john wilson, Peter Dorrian, asset management
Investments
Despite the dizzying technological innovations in China and the investment opportunities that come with them, Team Super chief investment officer Seamus Collins says some risks, including weaker investor protection, make him hesitant to allocate large chunks of the portfolio to the world’s second-largest economy.
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