Chief economic adviser at Allianz and renowned economist Mohamed El-Erian has said diversity will be key in a world where economic "unthinkables" are quickly becoming a reality, warning investors will have to "work very hard on minimising these behavioural mistakes".
He identified mounting US protectionism, slowing growth, unreliable central bank policy, the growing unreliability of traditional metrics, and the failure of the economics profession to understand systemic...
Trade concerns no deterrent to manager's outlook
Latest news and analysis
Five European Meridian funds among new entrants
Fund forced to sell off part of portfolio
Defensive positioning urged following latest Trump tariffs