John Stopford: Bull market could last longer than people expect

Despite growing concerns about a looming financial crisis, the co-head of multi-asset at Investec Asset Management and manager of the firm's £390m Diversified Income fund said most indicators were not "flashing warning signs" that a correction or bear market is imminent. "We are probably in the final stages of the bull market but it could last longer than people expect," he said. "We have done a lot of work on the end of cycles and how long they last and the broad conclusion is there is no age limit on cycles. It is more a function of either running out of road, a policy error or a sh...