AMWatch

Big Investor: "Everything seems expensive right now"

Both equities and bonds are priced far too high, even in light of Schroders' positive expectations for the future, says AM portfolio manager.

Photo: PR: Schroders

Despite Schroders' positive prognosis for growth, portfolio manager Ugo Montricchio thinks equities, government bonds and corporate bonds are very expensive, writes the Danish financial media Finans.

"Everything looks expensive right now. Equities are expensive, especially in the US. Government bonds seem expensive. Corporate bonds look expensive. But you get a negative return on cash. As long as there's economic growth, we must find something out there that give us a return," Montricchio says to Finans.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Evli's new fund aims for EUR 300m portfolio

Finland's net rental yield is at an attractive level even by international standards, and international investors have noticed this over the past five years, says Tero Tuominen, who heads the Evli Residential II fund.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch