Investors focus on defence in uncertain times
The return of heightened market volatility this summer is leading to investors looking at defensive assets as fund managers consider how to ride out a possible turn in the economic cycle.
According to research from Bank of America Merrill Lynch, investors have been selling high yield bonds and equities as fears over further market volatility build throughout the summer.Equities and high yield debt are two asset classes that tend to suffer when markets are volatile, with investors ...
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