Chris Bailey, the chief investment officer for Daniel Stewart & Company’s Dynamic Opportunities UCITS Fund, shares his views on Risk and Markets for ‘What Investment’.
Since the start of this decade risk preferences in investment markets have changed.
‘All difficult things have their origin in that which is easy, and great things in that which is small’ – Lao Tzu
Years of global Central Bank stimulus have helped deliver attractive stock market returns and – inevitably – this has meant risk preferences have changed. For those with investment experiences of more than eight or nine years the warning signs of asset allocations and investment selections, which are unlikely to fit with medium-term common sense and volatility expectations, are there.
Managing a global equity fund has many clear attractions but many potential pitfalls too. One great opportunity is…(Continue via link)