With equities recovering, markets may well fall back as they consolidate their gains
We are looking to increase our equity exposure from our very underweight position, but are waiting for a suitable opportunity. With equities having recovered strongly from their March lows, we are of the opinion that markets will probably fall back a little as they consolidate their gains and encounter further profit disappointments. However, we will use such weakness as an opportunity to increase weightings in the US, Japan and Asia since we believe that rising global liquidity will enable equities to move higher over the remainder of this year. We also believe that the global liquidity cy...
To continue reading this article...
Join Professional Adviser for free
- 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