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Tail hedging can balance risk: PIMCO

Executive vice-president and head of client analytics at PIMCO, Sebastien Page, who is tasked with bringing the intellectual and analytical capital of the manager to clients in a new consultant-type role, says tail-risk hedging is an effective way to reduce volatility and enhance returns.
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Funds flow to bonds. Why?

The largest bond manager in the world, PIMCO, is cleaning up. Figures from researcher and data provider eVestment Alliance show that institutional investors put more than twice the amount of money into US fixed-income funds in the past three months than any other asset class.
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