Gartmore pair tip cautious equities recovery

Investors should be wary of believing the recent market rally will bring equity performance swiftly b...

Investors should be wary of believing the recent market rally will bring equity performance swiftly back to 2007 levels, says Gartmore. The group's European Selected Opportunities and European Absolute Return funds managers Roger Guy and Guillaume Rambourg are urging caution. The pair says while there are tentative signs of a recovery and much talk of budding greenery, key indicators are reminding them they are not out of the woods just yet. "There is a danger that a degree of complacency is creeping into the market, driving investors to whole heartedly embrace the belief in a V-shaped ...