Invested: Investing in a crisis market
Equity investors can diversify holdings to better manage risk, while risk-targeting and risk-aware investing adjust exposure, depending on prevailing appetites
After a torrid start to 2016, investors have been questioning if this is a minor speed bump or the start of something more sinister.
The honest answer is that we don’t know for sure. Stock markets are, generally speaking, fully valued. While some sectors and regions appear expensive, global stocks are certainly not at the stratospheric valuations reached at the turn of the millennium. Nor do we appear to be facing into another ...
