The conundrum in fundamental equities: China or the US?
07-05-2020 | Webinar de producto
Equity markets have seen their biggest sell-off since the 1930s due to the Covid-19 crisis, leading many investors to become much more selective. The US usually outperforms during recessions – and a global slowdown is now inevitable – but North Asian fundamentals are recovering more quickly. So, where should investors put their capital, given the prevailing uncertainty?
Global Head of Fundamental Equities Fabiana Fedeli explains why country allocation will be the most important discriminating factor over the next two quarters. Those countries where the policy response to the coronavirus has been more effective than others, such as in China, may become preferable. ‘Staying selective’ is the name of the game.