Carmignac Gestion

Many worry tech stocks are becoming pricey

Multi-asset managers tell Investment Week their current US positioning in the face of further market volatility as interest rate rises and the presidential election loom later in the year.

Spoke alongside Édouard Carmignac

Formerly subject to internal investigation

Country selection is key

Investors have plenty of reasons to be pessimistic and fearful of the corporate credit markets today, but there are bright spots as some energy company fundamentals are downgraded to junk*.

Increased weighting by 50% in four months

Cut equity exposure

Strong headwinds for the commodities sector show no sign of abating, but record share price falls for some companies have provided attractive entry points into the asset class.

Some managers still remain committed to asset class