Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
The world’s largest hedge fund took a long tilt in its positions leading up to the market dive, underestimating the coronavirus threat.
Allianz Life study finds many deeply uncomfortable with the state of the virus-driven market.
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
Former Legg Mason manager, slammed in crisis, sees holdings surge 120%.
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.