Fidelity's McQuaker: Equities rediscover their true nature
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Bill McQuaker of Fidelity International
We have seen greater volatility across equity markets over the past few weeks, but in many ways this is healthy and perhaps a more normal pattern of behaviour, writes Bill McQuaker, portfolio manager of the Fidelity Multi Asset Open funds.
However, this 'return to type' also carries important implications for how markets could develop over the next few months. Perhaps most importantly, higher levels of volatility now imply equity valuations...
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