Despite this year’s extreme volatility, the past ten years have been an extraordinary time to be an equity investor. This can be seen by looking at the so-called equity risk premium, which is simply the difference between returns on global stock markets and risk-free assets, such as U.S. dollar bank deposits. Over the very long […]
Health care and consumers staples are sectors that typically perform well, even in moments of market stress. But during the coronavirus crisis, these sectors have provided slightly less downside protection, says Ramiz Chelat, global equities portfolio manager at Vontobel Asset Management. On the consumer staples front, the coronavirus shutdown is impacting consumption outside of the […]