Wealthtrack: Gross and El-Erian on no growth and low returns
This week on Wealthtrack, Consuelo Mack continues her interview with two of the investment world’s biggest stars. Bill Gross and Mohamed El-Erian, Co-Chief Investment Officers of money management powerhouse PIMCO, sit down together to discuss outlook and strategy.
Gross and El-Erian are now preparing for an even weaker “new normal” slow growth and low return environment environed than they envisaged for the developed world a while ago.
(In case you missed part 1, please click here.)
Source: Wealthtrack, October 28, 2011.
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