When things get hairy: Don’t overreact to President Trump
The implications of a Trump presidency are hard to pin point at the moment. Equity and bond markets have seen some volatility, with major inflows into ‘safe haven’ assets, such as gold and Japanese yen. Pension funds should not and in fact rarely do make major decision based on short-term market movements. Therefore, Patrick O’Sullivan, managing director in Redington’s investment consulting practise tells Pensions Expert that he will continue to advise clients to take a diversified approach to investing, but derisk where possible.