Manager update: I didn’t get carried away…
An in-depth interview with Tom Walker who discusses what is driving his conviction, political risks, global opportunities and valuations.
I didn’t get carried away with the expectations for Donald Trump when he was elected – there were a lot of hopes for reflation, corporate tax cuts, repeal of Obama Care and, of course, we now know that none of that’s happened – yet – and may never happen.
I remain positive on equities. There are challenges I think that there are some really good opportunities around the world – and that’s what we do, we look for those opportunities.
With interest rates as low as they are, equity valuations remain attractive relative to other assets.