US Federal Reserve chairman Jerome Powell gives a news conference as traders work on the floor of the New York Stock Exchange on September 18. Photo: AFP

Investors should become ‘risk seeking’ as rates are cut globally, but diversification key to better returns, fund managers say

  • Have exposure to safe-haven assets amid uncertainties such as the US-China trade war, Credit Suisse says
  • Too early to exit bonds altogether, Natixis Investment Managers says
Topic |   Investing

TOP PICKS

US Federal Reserve chairman Jerome Powell gives a news conference as traders work on the floor of the New York Stock Exchange on September 18. Photo: AFP
READ FULL ARTICLE
A television screen at the New York Stock Exchange carries the news after the Federal Reserve made its interest rate announcement on Wednesday. Photo: AP

Divided Federal Reserve cuts interest rates

  • Central bank lowered rates by quarter point in move to reassure markets amid slowing growth
  • Officials did not clearly indicate if another cut is in store, despite Trump calling for rates to be slashed to zero or below
Topic |   US Federal Reserve

TOP PICKS

A television screen at the New York Stock Exchange carries the news after the Federal Reserve made its interest rate announcement on Wednesday. Photo: AP
READ FULL ARTICLE