Citywire Interview – Zurich WM CIO dismisses recession fears

Recent market sell-offs have been valuation-based, not an indication of macro downfalls, Mora Wealth CIO Fernando de Frutos has told Citywire Switzerland. According to de Frutos (pictured), the recent volatility spikes are consistent with normal market behaviour. He said: ‘These type of volatility spikes have become more frequent – we have steady markets, then a … Continued