Burdett and Potter still cautious

Thames River's Gary Potter and Robert Burdett are beginning to see areas of opportunity in equity mar...

Thames River’s Gary Potter and Robert Burdett are beginning to see areas of opportunity in equity markets but are maintaining their high cash weightings and non-equity holdings. The co-heads of multi-manager continue to be cautious on equity markets and said the downside risk is contained by expectations of future interest rate reductions. However, they are seeing pockets of opportunity in the US and Japanese markets. Their view in the US has been boosted by the pragmatic approach adopted by the Fed to stimulate the economy and they believe good value is emerging in Japan. They also ...