July 19, 2021, 6:00 am
Bullish sentiment gripping global stock markets will hold but investors should prepare to rebalance their portfolios in the second half of 2021, according to the boss of one of the world’s largest independent financial advisory and fintech organisations.
The observation from Nigel Green, the chief executive and founder of deVere Group, comes as economies increasingly re-open and move into a phase of steadier growth.
Mr Green said: “The first half of 2021 was all about recovery from the pandemic. It was an impressive rebound, with investor confidence soaring following a challenging previous year.
“The bullish sentiment remains, yet investors now need to be looking ahead to a new phase – a move from recovery mode to sustained growth.