Morgan Stanley’s Slimmon on Selloff: ‘Put Money to Work’

From Bloomberg Markets and Finance.

Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, suggests investors adopt a "clinical" strategy to exploit the recent volatility in U.S. equity markets. "10% pullbacks are not that unusual. 15% pullbacks are not that unusual. 20% pullbacks are unusual. I think we’re getting into a range where you should put money to work," Slimmon says on "Bloomberg Markets."