Equities preferred over bonds


A pedestrian walks past the Tokyo Stock Exchange building. Equities are popular in Japan because of the pricing, with growing returns and an improving shareholder focus. — Bloomberg

DESPITE the current volatile economic and financial environment, Amundi Asset Management says it continues to favour equities over bonds.

This in part is based on the fund manager’s expectations that 2021 will be a year of economic recovery, even though it concedes that the timing of normalisation remains not clear.

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