Traders should take multi-asset stance to tackle risks: Saxo

CEO reminds investors that while equities are hot now, it wasn't very long ago that commodities were the rage.

INVESTORS should take a multi-asset approach to diversify risks, said Kim Fournais, co-founder and chief executive of Saxo Bank.

Although Denmark's Saxo Bank began in the 1990s as a foreign exchange (FX) online trading broker, its platform now offers a myriad of assets for traders. As its website says, 30,000 popular global assets "at your fingertips" from a single provider. Products range from FX to equities to futures contracts of commodities like precious metals or orange juice, and bonds.

Mr Fournais said that the firm's trading platform offers investors more choices, leverage and flexibility that they won't find anywhere else. For instance, banks have many constraints and are pretty rigid...

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