Are volatile equity markets providing opportunities?

Significant declines in the FTSE JSE All Share, down 13.57% since only the end of June, have seen many investors abandoning ship. Others are now contemplating whether it’s time to significantly down weight equities in favour of more defensive asset classes. This correction has been marked by aggressive selling out of resource stocks (down 27.46%) into financial stocks particularly (up 9.28%) and relatively flat returns for industrials (down 0.91%). Read on