Look to UK, Germany and emerging markets

ON ASSET ALLOCATION

JUSTIN OLIVER, co-fund manager of Collins Stewart Select funds on Asset Allocation

For more information on Asset Allocation, search Adviserhound.com Where to invest? One school of thought would suggest that, with monetary policy already running hard, exchange rates have become key to regulating an economy’s financial backdrop. Therefore, in this environment, one should target those stockmarkets which have the clear benefit of a cheapened currency. Both Germany and the UK have been prime beneficiaries of this negative correlation,  although arguably the boost that this has delivered may have passed the point of maximum effect. Who are the future likely benefi...