| Falcon Private Bank, the wealth manager owned by an Abu Dhabi sovereign wealth fund, expects stock declines to be temporary as fund managers move from bond purchases and central banks step in to support asset prices.
Equities are in a multi-year bull market and will be underpinned by the shift of institutional money from bonds, valuations that are cheap on a historical basis and the accommodative stance of policy makers to capital markets, David Pinkerton, the chief investment officer for Falcon, said today in a phone interview from the bank’s Zurich headquarters...............................................Full Article: Source
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