AMWatch

Danish Wall Street economist: The hunt for yield will carry on - but watch out for inflation

With 80 percent of bonds yielding less than 2 percent, investors turn to alternatives. Overcrowding remains a small risk within alternatives but investors need to do their homework, US private market specialist Apollo Capital Management's chief economist Torsten Slok says in an interview with AMWatch.

Torsten Slok speaking at a conference in Denmark in 2016 about the mortgage bonds. | Photo: Lars Krabbe

In the summer of 2020, Danish economist Torsten Slok left his role as Chief Economist at Deutsche Bank to take up a similar position at Apollo Global Management.

While Slok still spends his time outlying arguments on matters like outlooks for GDP growth and the rise and fall interest rates, the change from a bank to an investment manager means he can devote more time with investment clients than he could before. Even though he is one of Wall Street's most cited economists, Slok still had to learn new things in getting to grips with his new role.

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