Geraldine Sundstrom, managing director and portfolio manager for asset allocation strategies, discusses the challenges confronting global equities markets in 2016, and the sectors and regions better positioned to withstand those headwinds.
Mihir Worah, CIO Asset Allocation and Real Return, discusses the outlook for real assets in 2016.
Geraldine Sundstrom, managing director and portfolio manager for asset allocation strategies, discusses investment opportunities in global credit markets in 2016.
Gold is at the highest level in more than two years; will it continue to shine?
In July, we observed that tailwinds from ever-lower policy rates and lower valuations are behind us. We highlighted the importance of robust portfolio construction and suggested investors could improve outcomes by being tactical and incorporating alternative sources of return and alpha. This post offers a brief update to these views.
Until now, traditional cash management strategies – investing cash via money market funds, directly buying U.S. Treasury bills or placing monies on deposit with banks – have mostly succeeded in preserving capital. But they may have failed to preserve purchasing power.
In January, we suggested that investors will be well-served by an emphasis on robust portfolio construction through targeted diversification and a focus on exploiting relative value opportunities, declaring that the days of bold beta bets are over. This post offers a brief update to these views.
In the current environment, investors – particularly those in the U.S. – must consider that there may be obstacles in managing excess cash efficiently.
For portfolios that span multiple asset classes, investors should consider a moderate risk-on posture this year – and that means a moderate overweight to equities. Mihir Worah, CIO Real Return and Asset Allocation, offers a quick look at where PIMCO sees value in global equities over the cyclical horizon.