Vanguard CEO Buckley has warned that investors may have to settle for lower returns in the future as a the first week of February bull run in equities looks set to end. Tim Buckley , recently appointed to head the world's second -largest fund manager, said valuations had become stretched, adding "if there is a correction, I wouldn’t be surprised". A stocks rout in the first week of February wiped nearly 10% from the value of the The Dow Jones Industrial Average.
Vanguard CEO Tim Buckley has warned that investors may have to settle for lower returns in the future as a nine-year bull run in equities looks set to end. Buckley, recently appointed to head the world's second-largest fund manager, said valuations had become stretched, adding "if there is a correction, I wouldn’t be surprised". A stocks rout in the first week of February wiped 5.2% from the value of the The Dow Jones Industrial Average.