Risk asset flow to continue but no sign of bubble: report

Institutional investor flows into risk assets will likely continue in 2021 as cash levels remain high, according to newly released research. And contrary to media reports, there is no evidence of bubble behaviour. After taking cautious positions at the start of 2020, institutional investors have embraced a rotation to equities from cash and fixed income since July, and increased allocation to private markets, according to the report released on Wednesday (April 7) by State Street …