
Investments
Harbour Asset Management: Another turning point for markets
Friday 7th of June 2013
Global equity markets witnessed an increase in volatility in May, principally due to bond markets reacting to new talk of the potential for the US Federal Reserve to begin “tapering” their bond purchase programme. The sell-off in bonds was matched by a significant reversal in defensive versus cyclical stocks. Many global equity markets actually still managed a respectable local currency return...
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