Upsurge in M&A activity boosting global markets

global equities

With markets recovering after a three-year downturn, global equity investors can look forward to exciting openings in the New Year - especially in the mid cap market

After a three-year bear market and a six- month tentative recovery, the markets are nicely poised for global equity investors as we look to 2004. We have an economic backdrop that is gathering enough pace to reveal large numbers of exciting opportunities, especially in the mid cap market. Performance of medium-sized stocks has been particularly good over the past six months, and looks set to remain so as the unfolding economic recovery helps to boost earnings among the cyclical stocks that typically inhabit the mid-cap zone. Meanwhile, lower analyst coverage in some of the most interesting...