Deep in the woods?  How will clients deal with ‘new normal’ returns?

2011 Conference - Due Diligence Forum |  PIMCO | 25 August 2011

Three years ago, PIMCO introduced the concept of the ‘new normal’. It is now widely acknowledged that investing has changed significantly due to uncertainty in economic outlook reflecting deleveraging, reregulation, global high unemployment and setbacks in developed economies. This Due Diligence Forum Research Paper, presented at the 2011 PortfolioConstruction Forum Conference, argues the Australian bond market continues to provide a reliable real return with relatively ...