It is time for some proper alternatives

clock

The markets are in a funny mood. I recently hosted an event with the Tim Bond of Odey Asset Management. Tim was rather bullish on equities with some unprintable negative observations on bonds and gold, but the audience did not seem terrifically convinced by his optimism.

To sum up, nothing seems to particularly excite anyone anymore, and although Bond might be right the rest of the world is only in the first stages of a vibrant recovery, most investors keep harping on about boring old things like the cyclically adjusted price-to-earnings ratio looking toppy or emerging markets stocks looking too faddish. What seems to be making matters much worse is the classic alternatives to the bad boys of global finance (equities and bonds) also look far from good value at this juncture. Whatever one currently thinks about bonds, I am not sure you could call them gre...

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 Investment

Aegon AM launches UK-domiciled global income fund

Aegon AM launches UK-domiciled global income fund

In response to client demand

clock 27 June 2025 • 1 min read
CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

Focus on quality

Charlotte Ryland and Joe Hawkes
clock 26 June 2025 • 4 min read
Almost half of UK investors using social media for financial advice

Almost half of UK investors using social media for financial advice

Many sources 'unregulated and unverified’

Sorin Dojan
clock 23 June 2025 • 2 min read
Trustpilot