The Future of Fixed Income Managers Post Bill Gross

Oliver Sarkozy discusses the impact of Bill Gross's exit from PIMCO on the bond market, emphasizing the need for stability and strategic allocation in fixed income. He highlights the role of institutional shareholders and consultants in investment decisions. Sarkozy also addresses the importance of matching liability duration with investment needs, using France's long-duration paper as an example. Finally, he examines the hedge fund industry's evolution and its ongoing quest for alpha, noting the industry's resilience and ability to attract top talent.

What is the significance of matching liability duration with investment duration according to Oliver Sarkozy?

What does Oliver Sarkozy imply about the hedge fund industry's current strength?