From Institutionalinvestor.com: “The most fascinating thing about the investment business today is that people will agree on the micro facts, but they hesitate to add it all up,” Mohamed El-Erian recently told a rapt audience of sovereign wealth fund officials.
As CEO and co-CIO of $1 trillion asset management giant Pacific Investment Management Co., El-Erian urged the group to embrace new ways of approaching the markets……………………………………….Full Article: Source