Buy or sell stocks? How fund managers are positioning themselves now

Frankfurt The capital markets are reacting to developments in the Ukraine war with violent price fluctuations. The fear barometer for Germany’s leading index, the VDax, shows that leading stock indices, especially in Europe, are four times as violent as in the past twelve months. The Dax and the leading euro zone index, the Euro Stoxx 50, have lost more than a fifth of their value for the year.

The Handelsblatt asked well-known fund managers and asset managers how they set up their portfolios in this difficult to assess situation. Are you sitting out the crisis? Do they reject papers? Or are they already seeing buy prices? Their assessments can be summarized in six points. They can offer investors orientation.

1.Keep calm and do little

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