Parikh

"For those patients who do have aneurysms, it would be advisable to avoid those behaviors," said Parikh, who's familiar with the study findings.

Sex, coffee may boost risk of brain aneurysm rupture 2011

"For those patients who do have aneurysms, it would be advisable to avoid those behaviors," said Parikh, who's familiar with the study findings.

Sex, coffee may boost risk of brain aneurysm rupture 2011

Mr. Parikh said the company favors strong emerging-market debt, both corporates and sovereigns, as well as U.S. municipal bonds and U.S. agency and nonagency mortgages.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011

Writing in a recent research report, Saumil Parikh , managing director at Newport Beach, Calif.-based bond firm Pimco, says he sees a recession there next year with a drop in output of 0.5% to 1%, perhaps even more.

Investors Sing a New Tune—'Won't Get Fooled Again' Simon Constable 2011

"Given our outlook for slow growth globally and recession in Europe, we are focusing on protecting portfolios against downside risk," Mr. Parikh said.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011

In the company's latest quarterly outlook, Saumil Parikh , a senior portfolio manager at Pimco and a member of the company's Investment Committee, said Pimco has been focused on cutting exposure to bonds sold by financial institutions in Europe, staying underweight in stocks in developed markets and reducing exposure to the foreign-exchange markets that have been whacked by heightened volatility this month.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011

"We are particularly concerned about the lack of leadership and coordination in Europe and the risk of a disorderly deleveraging process," Mr. Parikh said.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011

Still, Mr. Parikh doesn't think the euro zone will break up.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011

Besides forecasting a recession for Europe over the next 12 to 18 months, Mr. Parikh expects the U.S. and the U.K. economies to barely expand, with gross-domestic-product growth for these two countries at between zero and 0.5%, adjusted for inflation.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011

Mr. Parikh expects the growth rate for the world economy after adjusting for inflation to be 1% to 1.5% over the next 12 to 18 months.

Pimco Managers Plan to Dial Back on Risk Min Zeng 2011