Equity markets set to rally next year - Skandia

A number of eurozone countries will continue to struggle over the next few years with deficit-reduction measures, it said. But SIG reckons 2012 will be a "year of healing" when the global economy is no longer undermined by the crisis inflicting the eurozone. "We expect the eurozone crisis to be resolved in the first half of 2012, leading to increased confidence and a stronger global economy in the second half of the year an into 2013," said SIG head of asset allocation Rupert Watson. Skandia expected equities to deliver positive returns in 2012 on the back of low valuations, improv...