Improvement in corporate cashflows and industrials
Survey by Legg Mason
'When is the correction coming?' I asked some respected investors a couple of weeks ago - a question many are considering but only a few are brave enough to speak up about.
Unicorn Asset Management's Peter Walls has increased the cash level on his £60m Mastertrust to nearly 18%, as he readies the portfolio to take advantage of a 'natural' turn in the cycle.