Skandia increases global equity exposure

Chief Investment Officer (CIO), James Millard, says global equities and non-government bonds have both had a strong start to the year as global economic data improved, while further signs of stability within the eurozone have raised hopes that the debt crisis will be contained. He adds that business confidence surveys have risen in most countries suggesting that the global economy has started to pick up. Skandia has a marked preference for emerging markets. "Our preferred emerging markets remain in emerging Asia, where we continue to think that China will achieve a soft landing. In the ...