It’s About the Risks
PIMCO's Page on why diversification via assets is out.
BY Caroline Cakebread | July 26, 2011
We recently ran this interview with Sebastien Page, executive vice-president, PIMCO, on how risk management is changing. In this second half of the interview, Page talks about why plan sponsors need to diversify through risk factors not assets. I spoke with him at this year’s Global Investment Conference in Banff. Given the major changes we’ve seen in the global investment landscape, it’s more important than ever. Click on the image to see the whole discussion.