Which asset class is currently more attractive, equities or bonds?

Equities are currently preferable to bonds according to a straw poll of delegates at the Citywire Wealth Management Retreat this month - but it was a close-run thing.

David Miller of Cheviot Asset Management sees more value in equities, while Alan Sippetts of Heartwood Wealth Management thinks the economic backdrop is favourable to corporate credit as well as shares.

Charles MacKinnon of Thurleigh Investment Managers says 'it's very much a proper race at the moment'.

Mike Hollings of Matrix Investment Management, who is bearish on the economy as a whole, suggests buying convertible bonds as a way of capturing the equity upside but with the protection of being higher up the capital chain.