Framlington has shifted assets back into the US from Europe in the belief that US markets are fair v...
Framlington has shifted assets back into the US from Europe in the belief that US markets are fair value. Neil Birrell, chief investment officer at the group also cited growing acceptance that corporate earnings have recovered and positive growth figures for capital expenditure. He is positive on the outlook for the UK, where cash earnings appear to be stabilising after five quarters of falling capital expenditure.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes