Eisinger: Market rout could lead to 2009-style rally

Janus US All Cap Growth manager says ‘get me out of here' attitude will result in a number stocks being undervalued

Janus Capital’s top performing US fund manager John Eisinger said sharp falls seen across markets last week could set equities up for a repeat of 2009’s rally. Eisinger, who runs the £784m Janus US All Cap Growth fund, said the sell-off seen across equity markets was akin to 2008’s rout, when there were a number of opportunities to make double-digit returns in equities. “If you look at last week’s market sell-offs, investors have the same non-differentiating ‘get me out of here’ attitude that created infinite opportunities in 2009, which was a phenomenal year for performance,” he said...