Amundi CIO Blanque says equities still the asset class to own
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“This brings opportunities for investors, as exposure to base metals could help to inflation-proof portfolios,” said Pascal Blanque, group chief investment officer, and Vincent Mortier, deputy group chief investment officer at Amundi. Commodities tended to be a cyclical asset and the firm said the value/growth rotation which had been playing out for the last few months still had “further to go”. “We believe the rotation from growth to value has further to go as the excess overvaluation of growth versus value has not been reabsorbed yet and the improving earnings outlook further supp...
As grandees of the investment world fall over themselves to warn of long-absent inflation up ahead, financial markets appear ever calmer about the risks of that new regime unfolding.
6 Min Read LONDON (Reuters) - As grandees of the investment world fall over themselves to warn of long-absent inflation up ahead, financial markets appear ever calmer about the risks of that new regime unfolding. Gas prices are seen after U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve's 2% target, in Beverly Hills, California, U.S., June 2, 2021. REUTERS/Lucy Nicholson Is the post-pandemic inflation scare over already? Thursday will likely see the United States record the highest consumer price inflation rate in 13 years - just sh...
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