“We are making a move into equities, period,” said Gross. “We are recognizing that the global marketplace is not just bond-oriented, and so equities have a place, always have had a place.”
“Corporate equities, in terms of valuation, are selling at very low P/E ratios and in some cases might be perceived to be almost as safe, or almost as secure as the sovereigns themselves,” said Gross.
No comments:
Post a Comment