Gartmore equities bias

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Gartmore's Global Balanced fund will continue to be overweight in US equities, particularly growth a...

Gartmore's Global Balanced fund will continue to be overweight in US equities, particularly growth areas likely to benefit from technology and telecoms activity. Simon Melluish, manager of the pension portfolio, is particularly optimistic on the prospects of emerging markets, Pacific (ex Japan) and Continental Europe and is overweight in all three. The balanced nature of the fund limits it from straying too far from benchmark weightings. Despite being bullish on emerging markets, the fund's holding in emerging equities still only totals 1.3%, while Pacific exposure accounts for 1.9%. Nor...

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