Inflation is 'not yet the enemy' as market looks at most attractive since 2015: Quilter

Investors are worrying about the wrong thing when it comes to recent market movements, Sacha Chorley, portfolio manager at Quilter Investors, said today. Bond yields have risen sharply and growth equities have sold off as investors appeared to become concerned about a looming uptick in inflation as lockdowns ease and economies normalise. This has seen some abrupt market movements, however, Chorley believes this fear of inflation has been misplaced and has not been the one driving markets in recent weeks. "The commentary suggests investors are worrying about a return to an inflation...