Get used to it: Investors expect record-breaking equity rally to continue

Of course, pitfalls abound. Here is a look at some of the factors keeping investors hooked on equities despite the risks

As stocks around the world continue to smash one record after another, some of the world’s biggest money managers have a simple message: Get used to it.

The likes of BlackRock Inc., State Street Global Markets, UBS Asset Management and JPMorgan Asset Management expect equity markets to keep rising in the second half of the year, with many investors increasingly looking outside the US for more returns.

Globally, the asset class’s allure amid a continued economic rebound is proving too hard to resist, even though the MSCI All-Country World Index has already sailed 12 per cent this year to an