Falling Chinese markets should remind investors of equity opportunities
26 August 2015
The devaluation of China’s yuan last week appears to have set off panicked selling action in global markets as investors speculate over an even weaker Chinese economy and increasing global deflation pressure. However, according to Peter Brooke, Head of Old Mutual Investment Group’s MacroSolutions boutique, the current downturn in global markets is a correction rather than the beginning of a bear market and investors should be looking for opportunities rather than fleeing.