Don’t Pay Too Much for That Bordeaux - Or That Bond
VIEWPOINTS April 2013 Don’t Pay Too Much for That Bordeaux - Or That Bond Jeff Helsing • The financial market’s reliance on ratings agencies and benchmarks, along with regulations, can cause distortions in the value of some securities. • These price distortions can create potential opportunities for some investors. • Investors should consider aligning capital allocation with outcome-oriented objectives that aren’t influenced by credit ratings or benchmarks. http://www.pimco.com/EN/Insights/Pages/Dont-Pay-Too-Much-for-That-Bordeaux-Or-That-Bond.aspx