What Bubble? Asset Managers in Risk-On Mode Stick With Stocks

There’s a time when investments run their course and the prudent move is to cash out. For global asset managers who’ve ridden double-digit gains in equities for three straight years,...

By Julien Ponthus, Natalia Kniazhevich, Abhishek Vishnoi · Bloomberg Markets

There’s a time when investments run their course and the prudent move is to cash out. For global asset managers who’ve ridden double-digit gains in equities for three straight years, that time is not now.