SUBSCRIBERS
Keep calm and carry on buying, says JPMAM head of US equities
Post-2008 crisis, long-term returns from asset markets were expected to be in low single digits, but in the last 10 years, equity returns were just under 15% annualised.
Add BT as a preferred source
Published Fri, Oct 18, 2019 · 09:50 PM
INVESTORS fret about a host of issues ranging from the trade war to whether a global or US recession is imminent. But they should just "keep calm and carry on buying those equities, says Lee Spelman, head of US equities for JPMorgan Asset Management.
"Stay the course and don't panic... because it's the way to win in equity investing. Corrections happen all the time.''
She was speaking last week during the JPMAM international media summit in London.
Copyright SPH Media. All rights reserved.
