Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a645827
Graham Campbell: why 2013 will be healthy for equities (but not bonds)
by Graham Campbell on Dec 14, 2012 at 13:47
The low cost of borrowing makes this earnings enhancing and, hopefully, value creative. It is likely that corporate activity will pick up; a situation which will be well received by investors.
Bonds appear a much higher risk to us than a diversified portfolio of high quality equities.
While growth in the economy may still be many quarters away, markets typically discount events 18 months ahead.
Institutional holdings of equities have rarely been lower. We believe the balance of risk has improved considerably. 2013 promises to offer very healthy returns for equity investors.
News sponsored by:
Today's top headlines
More about this:
Look up the funds
Look up the fund managers
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
on May 24, 2013 at 11:32