Caspar Rock, chief investment officer at Architas, has increased his funds' weightings to equities - particularly Japan - in the expectation the momentum behind the recent move into risk assets will continue.
Rock, who runs a range of funds including the £52m Architas Multi-Asset Active Dynamic fund, said although some equity markets have already risen steeply, now is not the time to sell out. “We are talking about rebalancing the portfolio to move in a more defensive direction, but for now we are maintaining the overweight in riskier assets, because we believe it will take time for the market to become unsettled,” the manager said. Within the asset class, Rock is favouring Japanese equities, as well as funds with exposure to Asian markets. Rock bought into the GLG Japan CoreAlpha fund,...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
