Sector Compass Reopening, Recovery and Rotation

Terug

The sector rotation seen in flows and performance in the last two months of 2020 could continue given many investors still hold cash and are underweight the more risky areas. While the outlook for inflation may not be strong enough for a complete growth to value switch, the stretched valuation gap suggests there could be more to come. Thus valuation matters more for our Q1 picks than it has for some time, but when selecting sectors a near-term driver is also needed.

Om dit artikel te lezen heeft u een abonnement op Investment Officer nodig. Heeft u nog geen abonnement, klik op "Abonneren" voor de verschillende abonnementsregelingen.