Morningstar IM's Kemp: 'Outstanding opportunities' found in value assets

Heightened risk levels behind interest

The heightened risk levels across markets mean now is the time to buy into value opportunities, according to Morningstar's Dan Kemp, who said it is "often easy to forget that the purpose of investment is to put capital at risk today in the expectation the return we receive on that capital will meet a future need".

The chief investment officer, EMEA said prices of attractive assets have been temporarily lowered as investors have flocked to safety, which led Morningstar's investment team to rebalance portfolios and increase exposure to corporate bonds and "especially high yield bonds" during April. Liontrust acquires Architas multi-manager business in £75m deal "We bought these holdings in the full knowledge that prices could fall further or rebound. But regardless of near-term price movements, we expect these investments to generate attractive returns for many years to come," Kemp explained. ...