NNIP's van Nieuwenhuijzen: Why rallying stockmarkets have not dampened tech opportunities

Some companies will 'only become stronger'

Equity investors have been more willing to look beyond the health crisis than was first anticipated, according to NN Investment Partners’ Valentijn van Nieuwenhuijzen, who said the 'whatever it takes' attitude being adopted by central banks has provided a "cushion" against continued sharp downfalls.

The chief investment officer said the market rebounds seen since the beginning of April - including the S&P 500 index which has rallied by 29.8% at time of writing (21 July) - have not detracted from the fact there are still plenty of investment opportunities, given the changing environment, supportive central banks and the growth opportunities the pandemic has introduced across certain sectors. "Massive amounts of policy support gives markets enough of a cushion not to dramatically correct, so it is not something I worry deeply about," he said. "Of course, one of the big questions is...