In the second of a new series for Investment Week, we ask industry experts.... Where is the next asset bubble?
Jeremy Tigue, head of global equities, F&C One of the most reliable indicators of bubbles is the investment trust market and the recent launch of the Fidelity Chinese investment trust was a worry, made worse by the simultaneous launch of the J.P. Morgan Brazil investment trust. The last specialist Brazilian investment trust was wound up on 18 December 1998 and the Brazilian stock market has gone up more than six and a half times since then. Seven years ago, when I changed my strategy to invest more in emerging markets, this was a minority view – now everyone believes it. So one risk we...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
