https://www.scmp.com/rss/513767/feed Alistair Sayer is a client portfolio manager at Janus Henderson Investors. He joined Henderson in 2005 as an investment director for multi-strategy equities and has also served as investment director for global and international equities. He is a former member of the board of directors for JCF and JCTML funds. Prior to Henderson, he was with J.P. Morgan Asset Management for 10 years. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com For over 10 years, equities have been in vogue. The rise in stock markets since the global financial crisis has ensured that “buying the dip” has been a successful investment strategy, which, by a process of Darwinian selection, has fuelled the rise of many senior investors. However, what has underpinned this one-way bet? As equity dividend yields dwarfed waning fixed income coupons, suppressed by ever lower interest rates, the multiples applied to equities skyrocketed. It seemed irrelevant that... https://www.scmp.com/comment/opinion/article/3194076/stocks-plunge-and-bonds-crater-where-should-investors-turn?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3194076/stocks-plunge-and-bonds-crater-where-should-investors-turn?utm_source=rss_feed Thu, 29 Sep 2022 19:30:11 +0000