October 10, 2017
As Sean Fenton sees it, the big risk in the market isn’t that asset prices are going to fall but rather that they could surge from here.
The world is in a transition phase, the portfolio manager for Tribeca Investment Partners’ Alpha Plus Fund says, and there’s now a disconnect between fundamentals and policy and market trends.
“Marginal dollars are flying into the market chasing yield and looking to value … but the fundamentals are actually shifting away from that. We’re moving into a higher growth environment, policy’s being tightened and some of those sectors that have done very well, you’d actually expect to come under pressure,” Fenton told The Australian today.
To read the article, click here.