Markets are “the wrong side of fair value”

With fears about Greece still in the headlines and anticipation of the Federal Reserve’s first interest rate rise the cause of much speculation, you can read a measured view of the outlook for markets in an Independent Investor interview with Sandy Nairn, the CEO of the successful boutique fund management group Edinburgh Partners. With equity markets “now the wrong side of fair value”, and bond markets bouncing off historic lows, he thinks it is time to lower return expectations and think more about risk than return – although there is one market that still looks attractively priced. Follow this link to find out which.