Permal Group CEO Likes Global Macro, Activism – ValueWalk Premium

Permal Group CEO Likes Global Macro, Activism

Just like an active fund manager has to balance the different risks in his portfolio as the markets move, a fund of funds has to decide which strategies have the most promise and manage exposures accordingly. In a recent interview with Bloomberg Briefs, Permal Group CEO Omar Kodmani explains why the fund of funds (with $22.5 billion in assets under management) has shifted from under- to overweight global macro and why he thinks activist strategies . . .


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