PIMCO executive vice president Luke Spajic advises investors on how to negotiate 'upside down' credit markets.
Speaking to Investment Week editor Katrina Lloyd at the Morningstar Investment Conference, he highlights concerns about some triple A names not doing what they say on the tin and bank debt. He also gives a break-down of how PIMCO's funds are positioned and opportunities he sees in areas including global investment grade credit, emerging markets, and short-dated high yield.
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