A whitepaper from Ross McLellan—who recently started a transition management consulting business following his departure from State Street—asserts that the industry practices have remained essentially unchanged for 15 years.
Norway's sovereign wealth fund--already the world's largest investor in equities--has to buy stocks when markets are falling as part of a strategy it calls rebalancing.
Investors should find potential in tactical exposure to the emerging market corporate sector, especially to quasi-sovereigns, within emerging market sovereign bond portfolios, according to PIMCO.
