Anyone looking for positive news on markets when returning from holiday would find slim comfort in t...
Anyone looking for positive news on markets when returning from holiday would find slim comfort in the pages of titles like this one at present. On page three of last week's issue for example, we had industry veteran Peter Hargreaves predicting at least five more quarters of negative growth and news that several of the industry's top multi-managers remain sitting on large cash weightings. Many of these portfolios currently have cash positions up to a quarter of assets as they wait for market turbulence to subside. The Government has also got in on the downbeat act in recent days, with...
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