Discussing Andrew Bailey's Mansion House speech
As equity valuations appear ever more stretched, and with rate rises in the US imminent and geopolitical concerns increasingly in focus, one hedge fund strategy in particular stands out as compelling.
Having been to Japan a handful of times, what strikes me most is the juxtaposition of the latest technology paired with old habits.
Some companies trading at 50% discount
The mega-cap FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks seem to be gathering strength and competitive dominance as they grow in size.
'Investor patience will be vital'