Alain Bokobza

James Mackintosh

There’s been a lot of debate about the idea of a “great rotation” from bonds to equities, and every Wall Street strategist has a view (consensus: the equity bit will happen soon, but bond yields won’t rise yet as central banks keep on buying).

Alain Bokobza at SocGen has come up with a lovely chart to back up their view that money should be flowing into equity mutual funds, as indeed it has started to do.