Room for further upside in the markets

Fund manager's comment

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Although the market has remained flat for most of this year, mainly because of economic concerns and...

Although the market has remained flat for most of this year, mainly because of economic concerns and geopolitical risks, overall there is room for further upside. We predict the year end to be up on the quarter, although the market may get nervous before the US elections next month, as well as being concerned over the ongoing threat of terrorism. The strength of oil prices, fears over the weakness of the economic recovery, especially in Europe, the potential slowdown in growth in China and the lack of capex within the corporate world have all delivered market neutral signals. Any signs ...

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