Athena’s Michael Lear Interviewed on Reuters Insider’s “Trading at Noon”
Athena Capital Advisors’ Vice President of Portfolio Management, Michael Lear, appeared on Reuters Insider in early January to discuss factors, including the economic backdrop in China, that was causing volatility in equities.
“In order to stay competitive, what China needs to do is devalue their currency,” Lear told Reuters’ interviewer Leah K. Duncan. “Also what you’re seeing is a great amount of retail ownership and speculation in the Shanghai market… and that led to another stoppage and another halt in their trading.”
The interview also explored China’s impact on falling oil prices and concerns over emerging markets, where Michael expects to see pockets of opportunity.
Michael Lear is a senior member of the Portfolio Management Team, responsible for delivering investment advisory services including asset allocation, portfolio construction and other portfolio management-related services. In addition, Michael helps oversee the firm’s New York office and also advises clients on the subject of impact investing.