PIMCO's CIO Mihir Worah has labelled shorting UK RPI 'the carry trade of the decade', as he sees inflation in the UK remaining below current expectations.
Worah, PIMCO's CIO for real return and asset allocation, is co-manager on the $110bn Total Return fund previously managed by Bill Gross, as well as lead manager on the $13.6bn Real Return fund. Speaking...
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