Aberdeen MM duo predicts an equity market slowdown

Aberdeen's multi-manager team believes equity markets are due a slow down in the short term after strong rebounds in recent weeks.

Graham Duce, who manages the range of 12 funds including the £221.1m Cautious managed and £108.9m Constellation portfolios alongside Aidan Kearney, says equities still remain their favourite asset class this year. Duce says equities have rebounded hard and fast after recovering from concerns over Greek contagion and Chinese policy tightening, and risk-taking had crept back in as a result. He says: “We have rebounded hard in the past few weeks and the appetite for risk is back. We have seen some of the higher beta areas come to the fore. “We are more focused on quality growth and ha...