Bolton: My investment outlook for 2013

BOLTON: MY OUTLOOK FOR 2013

clock

Anthony Bolton, manager of the £650m Fidelity China Special Situations investment trust, discusses his investment outlook for 2013.

My overall view is that a world of low growth, accompanied by low interest rates and substantial liquidity, should provide a favourable environment for equity investment. Liquidity is not just a reflection of central bank measures such as QE but is also due to large investor cash balances, which are currently sitting on the sidelines earning very low returns. We have already seen how this has driven up the prices of bonds across the world and, in 2012, higher yielding equities have also started to benefit. I believe 2013 will be the year when these tailwinds swing behind equities i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read