John Bellamy, Managing Director at Waverton Investment Management, looks ahead at the opportunities for investors across fixed income, global equities, and alternative investments – including ‘Real Assets’ such as property, infrastructure, and commodities.
In a post-COVID world of higher inflation and higher interest rates, we strongly believe active investment management will add value for clients. Indeed, the market dislocation of 2022, caused by the so-called ‘Magnificent 7’ affords us opportunities to buy high-quality companies at a very realistic valuation that offer strong risk adjusted returns on a three to five-year time horizon. We believe higher discount rates will make stock selection far more important, and we are now coming into a period where companies are going to need to start refinancing at much higher rates. This will be one of the factors that will sort out the wheat from the chaff.
Capital at risk.
For further information on how we can help you build and protect your wealth, please contact us.
