The recovery story

Recovery hopes have sparked an impressive market run in recent months

Recovery hopes have sparked an impressive market run in recent months. The FTSE 100 has just enjoyed a one-year high, and investors continue to gorge on risk. The preceding quarter, and these current, usually cautious months, have presented investors with a dilemma about whether to be in or out of the market. Indeed, the risk now looks very much to the upside, although not without some reticence. Having spent over 30 years in investment management, I believe there is one common denominator, even within the most volatile of markets – human nature. Right now, among investors, there appears...