Fund managers are viewing the recent market upheaval as a potential buying opportunity, but are divided on whether to plough into equities now or wait and see if further turbulence would offer a better chance to put cash to work.
Markets have suffered a sharp sell-off in the past couple of weeks on concerns over tightening central bank policy and higher-than-expected inflation. The Dow Jones was hit by its worst points drop...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash