Tom Caddick, fund of funds manager at LV= Asset Management, talks about his funds' allocation to equities and his positive outlook on corporate bonds.
Fund manager sees ‘once in a generation’ opportunity
Stock markets have fallen so far that they now offer brave, long-term investors a ‘once in a generation’ opportunity, according to LV Asset Management’s Tom Caddick.
While there is little sign of the bad news letting up, stock markets tend to look forward, rather than backwards, and will anticipate a recovery before it happens.
He’s backing up his brave talk by investing his own money in his funds.
However, he warns that while it could feel great in the long-term, don’t expect markets to rise immediately.
