Baring Asset Management has identified two key reasons to expect rising global equity values as the ...
Baring Asset Management has identified two key reasons to expect rising global equity values as the market anticipates an economic recovery in 2002. The first is an aggressive policy response ' the Federal Reserve has continued to cut interest rates and corporations have shrunk capacity to adjust to lower growth conditions. The second is more attractive valuations ' the bond equity yield ratio in Europe indicates many equities are cheap and the TMT bubble is almost deflated. Contact: www.baring-asset.com
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