'Choose equities over bonds and cash for next 12 months'

Another investment group advised investors to stick with equities this month. 'Equities will produce better returns than bonds and cash over the next 12 months' maintained Henderson Global Investors. The group conceded though that returns will be less than in past recovery phases. Henderson explained the recent rally in bond markets and the sell-off in equity markets has left equities looking cheap. Although valuations are not yet at the extremes reached in 1998, the group concludes that equities are good value and bonds are relatively poor value. Before this value can be realised tho...