Given the China-US trade dispute has clearly driven market sentiment over the last couple of weeks, as an Asian equities portfolio manager, I'd expected a pretty rough ride but the portfolio is actually up since the end of Q1.
If you research Australia’s largest listed companies, you’ll discover that some of them were much smaller stocks not that long ago. Small or medium companies can be overlooked, given they’re often considered riskier than their large cap peers.
Even though the environment feels negative the equity market continues to rise. This is because many of the issues we've been worrying about have already been factored into the market. 'Fear of Loss' is transitioning into 'Fear of Missing Out'.