Daniel Ivascyn, chief investment officer of Pacific Investment Management Co. (PIMCO), speaks during the Bloomberg Invest Summit in New York, U.S. (Photographer: Misha Friedman/Bloomberg)

Pimco’s Ivascyn Sees Lower Returns, Volatility in Credit

(Bloomberg) -- Dan Ivascyn, chief investment officer of Pacific Investment Management Co., expects more volatility and lower returns from frothy corporate credit markets over the longer term.

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