The key risk to investors right now is to follow the "doomsayers" who are preaching that it is time to get out of the equity market, according to Investec multi-asset portfolio manager and strategist Max King.
King (pictured) said he is constantly being "harangued by doomsayers" to go neutral or underweight equities, but he is ignoring the noise. "There is a non-stop cacophony of comments to sell but the bulls are winning. We expect the market to continue to roll on. We see inflows into equity markets," said King. In the UK the FTSE 100 is up 11.19% for the year to date, and the US Dow Jones Industrial Average is up 15.51% since the start of the year. "The key risk for investors would be to follow the siren calls to jump out of the market and then be left on the sidelines," according to ...
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