The need for flexibility

In an environment where correlations between asset classes are fluid, you have to be flexible, argues M&G’s Christophe Machu.

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Flexibility is vital for investors, explains Machu: “For the past 10 to 15 years, investors would have had similar returns from bonds and equities. But today we live in a very different environment where valuations are very different across asset classes and inside asset classes.” 

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