Time to put more into equities? Be selective, say private banks

But some say the unprecedented stimulus from governments and central banks globally will put a floor to risk assets.

Genevieve Cua

Genevieve Cua

Published Fri, Apr 17, 2020 · 09:50 PM

    GLOBAL infections from the novel coronavirus continue to mount and fatalities as well. Yet stock markets have shown spurts of strength.

    The S&P 500 for example has rebounded by over 27 per cent since its March 23 multi-year low. Is it time to ratchet up your portfolio's risk exposure?

    Not surprisingly, a number of private banks are telling their high net worth clients to be selective in the risks they choose to take, favouring credit for instance and other fixed income assets.