Managers dismiss sell-side concerns as US equities near tech bubble highs
S&P 500 showing signs of a comeback despite crisis
The S&P 500 has bounced back by almost 20% between 16 March and now
Fund managers and buyers are retaining their conviction in US equities for their defensive characteristics and the quality of the businesses, despite research suggesting forward valuations on some metrics have only been higher during the 2000 dotcom bubble.
Since 20 February, when the S&P 500 index reached its year-to-date peak of 7.6% at time of writing (13 May), the index has fallen 10.9%, according to data from FE fundinfo. However, this is including...
More on US
Back to Top
