Europe needs to instead focus on political and economic reforms, he said.
One PIMCO manager says many asset classes are "priced to perfection."
The broker recommends playing the upside risk by being overweight European non-financial cyclicals and U.S. growth stocks.
Technology and developing markets have emerged as weak spots in global equities.
Eaton Vance's 88-year-old Large-Cap Value Fund is beating the market this year in defiance of the overall trend.
While investors are bracing for more volatility spikes, they’re not positioning for a prolonged equity downturn.
European equities are taking the tumble that many strategists have been predicting for months.
Proponents say machine-learning has the potential to give quants the winning edge they’re missing.
More than one-third of asset managers have bought protection against a drop in equities.
A hedge fund pro is launching one of her strategies as an inflation-hedging ETF.
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