Not exact matches
Valuations in
equity markets have been
high and can't be
justified by company fundamentals, Allianz CEO Oliver Bate said.
«
Equity markets have really been buoyant for a long time now and
valuations are extremely
high,
higher than you can actually
justify based on fundamentals,» Allianz Chief Executive Oliver Bate told CNBC Saturday at the China Development Forum in Beijing.
With yields on «risk - free» assets such as government bonds so low, the
higher valuations for risk - on assets like
equities might be
justified.