PIMCO's Joachim Fels, managing director and global economic adviser, has warned the global economy and financial markets are at an important turning point, as a result of five key factors.
Speaking at the firm's Secular Outlook, Fels said investors who assume the future will resemble the past ten years since the Global Financial Crisis will be in for a "rude awakening". The global economic...
European Commission relents to pressure
Latest news and analysis
Remains open to existing investors
Chairs first meeting this afternoon
Effective from 1 December