Architas' Rock says equity bull market has further to run

Rock, who runs a range of funds including the £52m Architas Multi-Asset Active Dynamic fund, said although some equity markets have already risen steeply, now is not the time to sell out. “We are talking about rebalancing the portfolio to move in a more defensive direction, but for now we are maintaining the overweight in riskier assets, because we believe it will take time for the market to become unsettled,” the manager said. Within the asset class, Rock is favouring Japanese equities, as well as funds with exposure to Asian markets. Rock bought into the GLG Japan CoreAlpha fund,...