Time to review your portfolio

Money Week | Aug 15, 2019 at 1:01 PM
  • More global fund managers now expect a recession than at any time since 2011 (which you’ll remember, was a tough year and a time when every other headline was fretting about the solvency of Greece).
  • More global fund managers are bullish on bonds than at any time since 2008 – only 9% of them expect to see higher bond yields in the next 12 months which, given that bond yields are at record low levels in most parts of the world, is quite something.
  • And an overall majority of fund managers expect value stocks to underperform growth over the next 12 months, the most bearish managers have been on value’s relative prospects since the financial crisis.