Investors can find better value outside the US, particularly in emerging markets
Global equities have continued to rally on the back of improving investor confidence in global economic recovery and the prospect of low interest rates for a sustained period. However, value is difficult to find in the US, with better opportunities to be found in Japan, Europe and emerging markets. Global equities have been supported by investor confidence in the prospects for a pick-up in global economic activity with the world"s largest economy, the US, releasing stronger data. In addition, interest rates are expected to stay low for a sustained period. However, value is hard to come by ...
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