Stay invested but prepare for volatility

Ron Temple | Lazard Asset Management | 19 February 2019 | 0.25 CE

On some measures, global equity valuations are the most attractive in several years. Risks, however, have certainly increased and in many cases are more difficult to frame and quantify as they are of a different nature, e.g. protectionism and populism. Volatility has increased and is likely to be sustained at these levels, if not higher. It is critical for investors to carefully examine and upgrade their holdings by...