Fidelity president of investments Anthony Bolton has urged investors to buy into financials, believing the best time to own the stocks is in the two years post-crisis.
Speaking to the Sunday Times, Bolton says it is still not too late to invest in equities following the rally, expecting the current bull market which should last a couple of years. He believes the technology and financial sectors could thrive in the current environment. “One of the things I do at turning points in the market is look at historical patterns, Bolton says. “I have learnt that the best time to own financials is normally during the first two years coming out of a crisis. When they led the downturn, they have also led the upturn. “This time has been no different. While increa...
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