Wouldn’t you just love it if at this time of year an asset manager predicted an asset class or region was going to do well, and they did not have a fund in that sector?
A bit of healthy honesty would go a million miles, and might help you forget the fact no one got index-linked gilts right as the top performer for 2011, and I, along with a lot of people, thought the GEM...
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
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