Bolton: Why I'm still a bull on global equity markets

clock

Fidelity's Anthony Bolton has said he remains a world equity market bull despite a global situation that he said resembles "a big game of poker".

Speaking today at the Senate Autumn conference of Investment Week, IFAonline.co.uk and Professional Adviser's sister title, Bolton said an overly-cautious outlook was currently priced in to shares, especially as valuations before the summer sell-off had been more reasonable than previous economic cycles. "I am still a bull of world equity markets. I think in this business you have got to look at what is discounted in valuations, not at the outlook," Bolton said. "A very cautious view is discounted in valuations at the moment. But I do not think we ever got into [the phase of] overvalu...

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

Join

 

Already a Professional Adviser member?

Login

More on Equities

Partner Insight: Have banking stocks been flying under the radar?

Partner Insight: Have banking stocks been flying under the radar?

Orbis Investments
clock 17 May 2024 • 3 min read
Partner Insight: Are equities really overvalued?

Partner Insight: Are equities really overvalued?

Value dispersion means there are plenty of cheap opportunities

Gareth Jones
clock 09 February 2024 • 1 min read
Partner Insight: How much value is there in UK equities?

Partner Insight: How much value is there in UK equities?

‘As different as they are attractive’

The UK Equities Team at Invesco
clock 07 February 2024 • 1 min read