Investors increasingly disrupted by ‘overvalued’ markets – Financial Times

Investors increasingly disrupted by ‘overvalued’ markets – Financial Times

Investors fear the sharp rise in asset classes since the darkest days of the coronavirus crisis has left them “overvalued,” a key survey has shown.

According to the Bank of America’s latest monthly survey of investors with nearly $ 500 billion in assets, fund managers now rate an equally balanced portfolio of stocks, bonds and gold as the most expensive since 2008.

The valuation unease comes…

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