Asset allocations

Pimco: Prolonged high rates will punch hole in balances

Gene Frieda, global strategist at Pimco.

The world's largest active bond house is warning that, despite last week's declines, stock markets are still too optimistic about the ability of central banks to stave off a recession.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.