Avoiding the banks: How zero exposure to banking stocks can help reduce risk

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Klaus Petersen

  • Portfolio Manager — Global Equity Team
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While the banking industry can be considered at the heart of the global economy, banks may not necessarily make sound long-term investments. In this commentary, “Avoiding the banks: How zero exposure to banking stocks can help reduce risk,” Klaus Petersen of Macquarie ValueInvest Global Equity Strategy explores the team’s assessment of the global banking business, and its connections to other industries and their residual risk, as underlying the team’s rationale regarding banking.

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IMPORTANT RISK CONSIDERATIONS

Investing involves risk, including the possible loss of principal.

The views expressed represent the investment team’s assessment of the market environment as of June 2019, and should not be considered a recommendation to buy, hold, or sell any security, and should not be relied on as research or investment advice. Views are subject to change without notice.

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