Concerns about the valuation levels of growth stocks is in the minds of many global equity managers ...
Concerns about the valuation levels of growth stocks is in the minds of many global equity managers in the short term, according to the latest research from Global Fund Analysis. Nils Taube, manager of GAM Worldwide, said: "I am worried about the froth created in stock markets and valuations around the world. I am also worried in the medium-term about inflation. "Because commodity prices have been weak and manufacturing prices have remained low, the perception is that there is very little inflation. "However, there is enormous inflation in the prices of services and the value of assets,...
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