2012: A look through the crystal ball

When fund managers gave us their predictions this time last year as to how 2011 would pan out for global markets, no one could have predicted the wave of events that materialised. The Arab Spring; record high oil prices; the deteriorating situation in the eurozone; talk of single currency collapse; a dramatic summer sell-off; spiralling inflation; the fall of the Greek and Italian governments and worrying GDP figures were all headwinds investors had to contend with. As we look towards the next 12 months, another set of unforeseen events will more than likely stump investors. But, in g...