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.”
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.”
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The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.
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