Mohamed El-Erian is a major name in global money management, and his insights once guided the Pacific Investment Management Company (PIMCO) – one of the world’s largest investment managers – into profitable territory. Given his background at the International Monetary Fund and at Harvard Management Company, you won’t be surprised that his global perspective and practical applications of behavioral psychology are well informed, interesting and helpful – to the right audience. His advice applies mainly to institutional investors seeking a new global vision that will identify the forces affecting today’s markets. El-Erian’s stories about high-level macroeconomic policies will appeal to those big investors and economic decision makers, as well as to individual investors who are searching for new ideas. Though some parts of this analysis have become slightly dated, the overall message remains smart and valid. While never offering investment advice, getAbstract recommends El-Erian’s valuable text to policy makers and investment professionals.
In this summary, you will learn
- How to develop an investment strategy in the new global environment,
- What factors will drive future investment risks and opportunities, and
- How government policies and central banks will shape investing.
About the Author
Mohamed El-Erian, former CEO and co-CIO of PIMCO, is chief economic adviser at Allianz.
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