Central bank policies leave investment opportunities scarce

ON UK INCOME

clock

RWC's Ian Lance says leading central banks have succeeded in driving up nearly all asset classes.

Current investment opportunities are scarce as the monetary policies of leading central banks have accomplished their mission of driving up nearly all asset classes. With an increase in inflation now looking a possibility, bonds yielding 3%-4% look extremely unattractive, many commodity prices are at all-time highs and property prices have not fallen back to realistic levels. The best that can be said for equities is that they look good value relative to these other, more overvalued asset classes, but they still look expensive against their own history when using long-term measures su...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Trustpilot