Citywire printed articles sponsored by:
View the video online at http://citywire.co.uk/wealth-manager/video/a703972
Investec veteran Mundy: 'group of cheerleaders' are talking up the US
by Matthew Goodburn on Sep 19, 2013 at 11:53
Veteran contrarian investor Alastair Mundy says US equities are too expensive at a time when corporate profitability is dropping and debt concerns remain.
Mundy, who runs a raft of funds including the Investec Cautious Managed , Investec GSF Global Contrarian Equity and Investec GSF American Equity funds, is also looking to add to his gold exposure after sustained market weakness.
He is also keen on short duration index-linked bonds and Norwegian sovereigns, and eyeing further value opportunities in Japan.
More about this:
Look up the funds
- Investec Cautious Managed A
- Investec GSF Global Contrarian Equity A Acc USD
- Investec GSF American Equity F Acc
Look up the fund managers
More from us
- Threadneedle's Weldon: strongest US gains over but dollar still strong
- JOHCM’s Japan stars: why Abenomics' third arrow is irrelevant
- Martin Currie: why Abe's 2% inflation target is within reach
- Only the US can handle higher rates, says Western Asset chief
- Tapering takes EMs back to square one, says Comgest veteran
on Dec 06, 2013 at 14:28