Equities to rally into year-end as fears of a double-dip disappear


Skandia Investment Group (SIG) expects equities to rally into year-end as improved data increases market confidence that the slowdown will be short-lived and a double-dip avoided, according to the group’s latest Monthly Asset Allocation (MAA) Report.

The MAA report, which is compiled by SIG’s Global Asset Allocation Committee, also sees the group maintain its positive stance on emerging market equities. Heavily overweight equities in general, the group feels that economic growth in emerging markets combined with very low interest rates in developed markets should provide further support to emerging market equities

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