Mark Kiesel, the Pacific Investment Management Co. managing director who sold his home in 2006 when he deemed the market a bubble, says it’s time to buy.
Mark Kiesel, deputy chief investment officer at Pacific Investment Management Co., is positive on the debt of companies in the diamond and telecommunications industries amid slow global growth.
Pacific Investment Management Co. is selling financial debt following a rally that the world’s largest bond-fund manager predicted.
Pacific Investment Management Co., which manages the world’s largest bond fund, is turning bullish on Brazil’s debt markets, saying investors are ignoring the “long-term strength” of Latin America’s biggest economy.
"The bonds are very cheap."
- Mark Kiesel on Aug 20, 2014
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