Investment Comment October 2012

Prudent risk-taking was rewarded in the recent quarter with most equity markets rising at least 3% (unhedged) despite strength in sterling. Previous laggard…

Investment Comment July 2012

The summit last week came up with a decision to use the eurozone’s bailout fund to provide direct support to struggling banks. Spain…

Investment Comment January 2012

We said in our investment commentary in October that earnings yields in most equity markets compare very favourably with bond yields relative to…

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