STANDARD LIFE'S investment chief, Keith Skeoch, yesterday declared the bull market in shares had returned, as it emerged the life insurer had made a "tactical switch" into equities in June, says the Daily Telegraph .
Skeoch's view carries weight because he was one of those who predicted a global recovery in share prices in the aftermath of the 1987 stock market crash. Standard Life Investments controls 1.8% of Britain's stock market, managing £106bn - according to current market valuations - on behalf of Standard Life's insurance policyholders and external clients. ECONOMIC CONFIDENCE among the UK's best-performing fund managers has fallen for the first time in nearly three years, writes The Scotsman. However, the good news for investors is they remain confident when it comes to corporate profit...
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