«We are still seeing the «Yellen Put» as a support for global equity markets,» said Peter Lowman, chief investment officer at UK wealth manager Investment Quorum.
This quarter has seen a great deal of ebbing and flowing for the global equity markets as China, the Fed, the ECB and BOJ have created fear and greed in copious amounts.
A bull run for global equity markets, including the local sharemarket, swelled the coffers of the asset manager as investors piled into shares and the value of its funds under management grew.