Solid global growth likely for 2005

For many of us, the tsunami disaster in Asia has been at the forefront of our minds, but while it is clearly tragic in human terms, the world's response to it could ultimately provide strong support for the region and its commercial development, something that the region's equity markets already appear to have recognised. With this in mind, we believe the main threats to another positive year for equity markets remain political or economic shocks that could undermine the support we see coming from continuing growth worldwide. Looking back, one of the principal reasons for last year's slow...