TCW's Sri-Kumar to Discuss What's Ahead for Global Economy
(firmenpresse) - LOS ANGELES, CA -- (Marketwire) -- 12/13/11 -- The TCW Group (TCW), an international asset-management firm, invites you to participate in a conference call on Wednesday, December 14 with Komal Sri-Kumar, TCW's Chief Global Strategist and Portfolio Manager of the TCW Global Allocation Funds.
The title of Dr. Sri-Kumar's presentation is "Global Economy: Growing Risk or Increasing Opportunities?"
"I have been saying for some time that the banking system is the weak link in Europe that will eventually have a contagion effect on the U.S. economy," said Dr. Sri-Kumar. "I think Europe is already in a recession and there will be a sequence of countries being affected by developments there."
The adverse impact on the U.S. economy will be apparent from early 2012 onward, he believes. He also sees emerging markets being affected due to European banks cutting loans to those countries, thus causing growth there to slow as well.
"The key to a global turnaround is a fiscally healthy and growing Eurozone," said Dr. Sri-Kumar. "The adoption by EU leaders of a program involving debt reduction and faster money creation should be the green light for investors to look for before returning to European equity markets."
Dr. Sri-Kumar is chairman of the TCW Comprehensive Asset Allocation Committee and is Portfolio Manager of TCW's three risk-targeted global asset allocation mutual funds: the TCW Global Conservative Allocation Fund (TGPCX/TGPNX), the TCW Global Moderate Allocation Fund (TGPMX/TGPOX), and the TCW Global Flexible Allocation Fund (TGPBX/TGPLX).
Please dial in 10 minutes before the scheduled start time to register for the call.
Date: Wednesday, December 14, 2011
Time: 1:15 p.m. Pacific Time / 4:15 p.m. Eastern Time
Live Event:
Domestic: (888) 713-4199
International: (617) 213-4861
Confirmation #: 16292396
In addition to the audio-only version of the conference call, TCW offers a live webcast of the call. Please click on the link below to register for the webcast:
TCW Funds, Inc. is an open-end investment company, consisting of 24 separate mutual funds sold primarily to individual investors and retirement plans.
Founded in 1971, The TCW Group, Inc., develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients' wealth. The firm has approximately $118 billion in assets under management. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals. TCW is a subsidiary of Société Générale. For more information, please refer to .
Peter Viles
Managing Director, Corporate Communications
(213) 244-0509
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 13.12.2011 - 18:08 Uhr
Sprache: Deutsch
News-ID 96605
Anzahl Zeichen: 0
contact information:
Town:
LOS ANGELES, CA
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 197 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"TCW's Sri-Kumar to Discuss What's Ahead for Global Economy"
steht unter der journalistisch-redaktionellen Verantwortung von
The TCW Group, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
