Why Cazenove’s Brookes has 25% in cash

Cazenove Capital’s Marcus Brookes thinks the "big shift" from bonds into equities has been hugely exaggerated, but could still happen. Bonds are still going to work in his multi-manager portfolios, but only some areas of the credit markets are worth contemplating, he adds. Meanwhile, he explains why the phenomenal equities run has led him to…

1 minute

Cazenove Capital’s Marcus Brookes thinks the "big shift" from bonds into equities has been hugely exaggerated, but could still happen.

Bonds are still going to work in his multi-manager portfolios, but only some areas of the credit markets are worth contemplating, he adds.

Meanwhile, he explains why the phenomenal equities run has led him to put a quarter of his diversity fund in cash.

For part 2 click here
 

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