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Old Mutual’s Message: It’s time to ditch equity safe havens
by Eleanor Lawrie on Jul 01, 2014 at 14:22
While Message thinks the next year could be ‘choppy’ for markets following the gains made in 2013, he is optimistic that both consumer and business confidence is improving, as we move on from memories of the financial crisis.
‘I have been concerned over the last few months that to drive the economy is not about cutting costs, it’s about companies growing their revenue,’ he said.
‘Companies are looking pretty confident now and we are seeing a resurgence in M&A in the large cap space. People are finally starting to put the past behind them.’
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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On the road
by James Phillipps on Jul 25, 2014 at 14:49