Market Views: Is it time to double up on cash?

While signs of resolving uncertainties emerge, sending indices such as S&P 500 to record highs, many investors remain cautions about the global economy's outlook, and have been seeking refuge by upping their cash allocations. Jang Dong-hun, chief investment officer of Korea’s Public Officials Benefit Association (Poba), for example, told AsianInvestor that the pension fund had been maintaining a comparatively high cash level since last year, given the relatively later stage of…