mallowstreet University Dinner: As equity markets continue their strong (and long) run, how should portfolios be positioned as we head towards 2018?
Given how far equity markets have risen over the last few years, it is hardly surprising that investors are tempted to take profits. Valuations are looking stretched in some parts of the market, while interest rates may be about to rise for the first time since the 2008 crisis.
Over dinner, Simon Edelsten, portfolio manager of the Artemis Global Select strategy, will lead a discussion on how to position an equity portfolio in the current environment. He will examine some areas of the market where he continues to find well-managed, growing businesses trading on reasonable valuation