Investec Asset Management's John Stopford, co-head of multi-asset and manager of the £390m Diversified Income fund, has said the current market expansion has further to run despite concerns about valuations, but warned some market indicators are flagging a potential recession towards the end of 2018.
Despite growing concerns about a looming financial crisis, Stopford said most indicators are not "flashing warning signs" that a correction or bear market is imminent. "We are probably in the final...
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