MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 21, 2013 Pimco's El Erian Advises: Reposition Now Pimco [profile] CIO, Mohamed El-Erian, advises investors not to wait until fall to reposition their investment portfolios, despite conventional wisdom, MarketWatch's William Watts writes. Markets are likely to turn volatile sooner than later, El-Erian cautions, as major national and international events perpetuate concern over the markets, Watts writes. El-Erian summarized all of the foreboding events that will cast a shadow on the markets in a recent Financial Times column, noting the Fed's upcoming September policy decision to cut, or not to cut, back on asset purchases, the decision on a new Fed chairman appointment, the battle to avoid government default and volatility in the Japanese yen, Watts reports. To read more, click here. Printed from: MFWire.com/story.asp?s=45650 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |