Not the time to be greedy in pursuit of income: BlackRock
Investors should continue to brace themselves for sharp market pullbacks; US, Europe equities not cheap
Singapore
AN ageing demographic underpins an intense appetite for income globally, but now is not the time to dial up on risk, particularly as high quality dividend stocks are overvalued, said BlackRock head of income investing (multi-asset strategies) Michael Fredericks.
He said investors should continue to brace themselves for potentially sharp market pullbacks. "It's a low-growth world in developed markets. We're already at stall speed.…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag