stritch: He also talked about a renewed focus on U.S. large-cap stocks and pointed out two of his favorite stocks at the moment, according to Market Watch. BMO Wealth Management has about 46 billion in assets under management. Michael Stritch, the investment chief at BMO Wealth Management, discussed the changing investing environment, how his team of advisers was managing portfolios to reduce risk and how individual investors can do the same. Stritch is based in Chicago. He felt at that time that the portfolios managed by his team were already appropriately positioned, with an emphasis on U.S. equity markets on a relative basis compared with the rest of the world. Cutting risk as storm clouds gather In an interview on Jan. 24, Stritch said BMO Wealth Management clients were expressing more concern during December when the S&P 500 fell 14% than during the declines in February and October.
(news.financializer.com). As
reported in the news.
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