Stick with government bonds – even if they are overpriced: Andrew Dalton profile
Low-risk govvies can offer protection against equity risk, says Andrew Dalton, founder and chief investment officer of Dalton Strategic Partnership.
“The City is filled with wonderful people all performing ruthlessly against each other to outperform in a particular market, whether it is in UK equities or in North American equities or whatever else,” says Andrew Dalton, founder and chief investment officer of Dalton Strategic Partnership in London, which manages $1.8 billion of assets. “I believe that focus, particularly if it is too exclusive a focus, can miss the point.”
In the early 1990s, Dalton, who has more than 35 years of investment
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