Now is the time for managers to keep the faith

Threat of recession and financial uncertainty has left a prevailing sense of caution among investors. But in times such as these, the onus is on managers to follow their convictions and sometimes pick good stocks that have the ability to go against the grain, especially with commodities

Although much has happened this year on the world's markets, to a great extent investors remain in limbo. An inert mood of 'let's wait and see' prevails, especially with the twin salvos of continuous financial sector drama and the looming threat of recession. This stand-off, however, has had a paralysing knock-on effect across the board - it means nobody is willing to make strong judgements with their investment strategies, preferring to see how it all plays out. What this means for commodities and other sectors is a heightened sense of uncertainty - and to an extent, herding - where if...