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Pimco manages over $2 trillion in global assets.
Today he owns major global assets in telecommunications, ports and other areas.
Currently, over 80% of global assets – $70 tn – are invested in rich countries.
Asia-based funds account for just 8percentt of global assets under management.
Job candidates can set themselves apart by showcasing the global assets they bring to the table.
By far the greatest weight of global assets consists of bets on future relationships of money and assets.
In all, the private equity industry oversees $3 trillion in global assets, according to Preqin, the research firm.
The industry has exploded in scale and scope in recent years with some $3 trillion in global assets.
But Chicago has unparalleled global assets in the middle of America, and a head start in employing them.
To support their newly complex portfolio, big incumbents need to put global assets at the service of small, local brands.
Where, he asks, would the excess demand for global assets go?So far, the behaviour of financial markets seems to vindicate his point.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com