Global growth outlook for 2004 positive providing investors accept 'some risk"

markets & strategies

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standard life"s KEITH SKEOCH believes global markets should give reasonable returns

Global markets should provide investors with reasonable returns during 2004, provided that they are willing to accept some risk, according to Keith Skeoch, acting chief executive of the investment arm of insurer Standard Life. Skeoch said: "Last year saw the UK stock market rise following a three-year bear market. Investors are keen to know if the green shoots of global economic recovery witnessed last year will continue and what the future holds for different asset classes. "The growth outlook for 2004 looks increasingly positive with accelerating economic development in China, and pro...

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