There is little more bank stocks can slide given how far and how long they have fallen so they could be a compelling buy for investors, according to Wealth Within. For more.
Platinum Asset Management has said it is opting to ‘sacrifice upside’ in order to avoid the worst of the losses and taking ‘swift action’ to reposition portfolios. For more.
J.P. Morgan Asset Management is concentrating its bond portfolio primarily in government bonds and is willing to further de-risk if there was a rebound in risk assets. For more.
Despite the world rushing to find a vaccine for COVID-19, biotech and healthcare funds have not been able to maintain their former strong returns. For more.