(Bloomberg) Stock markets are headed for a big selloff, maybe not today, but soon. That’s the view of Nader Naeimi, who heads a dynamic investment fund at AMP Capital and helps manage about $110 billion. The Sydney-based investor has about 30 percent of his holdings in cash, an allocation to gold and is short emerging-market currencies versus the dollar.
Investor With 30% in Cash Says North Korea Selloff Will Come
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