Tilney has overweighted US and UK equities in the belief these economies are set to see a more rapid...
Tilney has overweighted US and UK equities in the belief these economies are set to see a more rapid recovery than Europe. Philip Okell, director of Tilney's institutional fund management division, says the group is neutral in European equities and is also underweight in Japan. Tilney is overweight in Far Eastern equities and is favouring this part of the world as a geared play on the expected US recovery. Okell says: 'Overall, we are overweight equities and underweight bonds and have been for a few months in the wake of the large amount of liquidity poured into the global economy ...
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