Disclaimer: Views in this blog do not promote, and are not directly connected to any Legal & General Investment Management (LGIM) product or service. Views are from a range of LGIM investment professionals and do not necessarily reflect the views of LGIM. For investment professionals only.

Giving the unlovables a chance

Amid so much uncertainty, crowded positions can be particularly risky. I explain why we are therefore giving unlovable ideas a chance in this discussion on Bloomberg.

 

We think a lot of investors like the same trades, such as healthcare equities and government bonds. But with so much uncertainty, crowded positions can be particularly risky: if the narrative changes, a lot of people can head for the exit at the same time.

We are therefore looking to give the laggards some love. Within equities, we’ve built a basket of some of the most hated segments; we’re also negative on gilts, despite their strong run.

To find out why we are giving unlovable ideas a chance, take a gander at our latest thinking on Bloomberg.

 

Sign up for email alerts

Latest articles in a weekly digest

Please select your location

Europe

North America

Asia

Please select your investor type

Please select your investor type