PIMCO has hired David Forgash for the newly-created role of head of European high yield portfolio management, overseeing the firm's investments across the European high yield market.
Forgash (pictured), who also takes up the role of executive vice president, joins PIMCO from US hedge fund firm Millennium Capital Partners, where he served as a European credit-focused senior portfolio...
The US dollar is close to peaking and the risks now seem to be on the downside.
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