MMs increase exposure to US markets

Managers return to battered US markets, believing they will be one of the first to come out of the global recession

As the US equity markets look set to post one of their worst ever annual performances, the question is whether now is the right time to get back into the markets. Over one year to 4 December, the S&P was down 42.93%. Many leading multi-managers have already been increasing their exposure to the country Jupiter's John Chatfeild-Roberts said: "We have been upping our exposure to the US in the Jupiter Merlin portfolios and in the Jupiter Global Managed fund as we believe excluding the main emerging markets of Brazil, Russia, India and China, which are more likely to suffer economic slowd...