Focus on equities while dividends still uncertain

Credit Suisse and Hendersons are maintaining overweight positions in equities, in anticipation of a...

Credit Suisse and Hendersons are maintaining overweight positions in equities, in anticipation of a more positive stock market performance in 2003. While bonds have been the better performers and less volatile products in the short term, managers believe equities will be a more formidable bet for long-term investment. The Credit Suisse UK Strategic Growth Portfolio, in its active managed sector, showed a 54.2% equity weighting last June, and had ramped that to 57.5% by December. Robert Burdett, co-head of multi-manager at Credit Suisse, says: 'We have started to see a positive rall...