Columbia Threadneedle Investments

Unknown pleasures: A New Era for Equity Investors

Author: Neil Robson, Head of Global Equities

For 20 years from the mid-1980s we saw strong growth, falling interest rates and value dominating in stock markets. But problems that emerged in property markets swiftly turned into a global financial crisis (GFC).
From the GFC to the pandemic, low/zero interest rates meant that, despite no earnings growth, stock markets recovered as growth companies erased all the gains value had made over the previous decades.
Now, with the biggest tightening in monetary policy since the 1980s, it's all change again and we believe equity investors with diverse portfolios can prosper.
You can find the full article here.