Even after a lot of turbulence that has been experienced across the global markets, AMP Capital Investors is sitting on more cash than usual. The volatility has also raised concerns of another recession. 

AMP Capital Investors is responsible for managing $11 billion of assets in New Zealand and it has revealed that it is currently holding 2% more assets after the end of the latest quarter. It has also stressed that investors across the world are concerned due to the prevailing market conditions.   

The Head of Equities Division at AMP, Guy Elliffe confirmed that even though markets were under pressure the valuations were looking attractive.

Experts also agree that markets are also expected to remain under pressure in the coming days. They stress that equities are still attractive as compared to bonds. 

Most of the experts are of the opinion that until and unless the markets become more stable, the investment outlook is not expected to improve significantly. The uncertainty in the markets will not be in the interests of anyone.

At the same time, most of the experts also feel that another round of recession is highly unlikely, even though growth is not expected to start in the near future.

Economic experts have pointed that the New Zealand economy is more dependent on exports as compared to spending by the domestic consumers.

They feel that the Reserve Bank is expected to raise interest rates.