Q1 'most challenging yet' for Euro equities: Gartmore

Roger Guy and Guillaume Rambourg say they have lowered exposure to cyclical stocks as part of their strategy to manage increased market volatility. They are also taking a much more conservative view on commodities in expectation of a weaker economic environment. "We are sticking to companies with high earnings visibility and defense features," they add. The pair hope recent interest cuts will help provide some relief in the second half of 2009, but their strategy continues to be cautious. "Our preference remains for higher quality companies, boasting strong balance sheets and ample ...