RWC Partners' John Teahan, co-manager of the RWC Enhanced Income fund alongside Ian Lance and Nick Purves, warns the era of low volatility and record valuations across major equity markets means investors should be much more cautious than they are.
Many investors, including ourselves, are now starting to wonder what is keeping equity market volatility so low. Volatility today is low; such levels have only been experienced a few times over previous...
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