Cash makes a comeback as asset owners brace for correction
Major investors including GIC, VisionSuper, Unisuper and Prudential Life Thailand say that equities could see a correction while cash has become more appealing.
“Sell in May and go away” is one of the oldest maxims of equity market investors - the idea that it's better to consolidate your position ahead of the mid-year doldrums and return to the market fray later in the year.
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