The surge in the Japanese stockmarket during 2013 has given way to disappointment in the opening months of 2014 as investors grow cautious on the promises made by ‘Abenomics’.
The sell-off in global markets might not end in a 10 to 15 per cent in the spring but investors should expect one of this magnitude in the latter half of the year, according to Bank of America Merrill Lynch.
OakTree Wealth Management has started to position its four portfolios with capital preservation firmly in mind, arguing that there is more scope for markets to be derailed in 2014
Fund managers warn of the dangerous effect of tapering on “bond proxies”.
Bestinvest, Addidi Wealth, Heron House Financial Management and Keyte Chartered Financial Planners share their cautious investment company Isa recommendations.