By Mohamed Ali Bernat Equitable Life is viewing current market volatility as a buying opportunity, e...
By Mohamed Ali Bernat Equitable Life is viewing current market volatility as a buying opportunity, expecting stocks to rebound in the near term. David Marchant, assistant general manager in charge of asset allocation for Equitable Life's managed pension, said he has been actively buying both value and growth stocks during the recent volatility. He said: "Looking forward six to nine months we believe a lot of the concerns today, such as high oil prices and rising interest rates will have passed. The $30-plus level for oil looks unsustainable and interest rates are close to peaking in Eur...
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