Chasm between growth and policy threatens momentum
Financial markets will continue to be torn between the improving global economy and concerns about policy, an investment manager believes.
Despite this, companies should still be able to capitalise on moderate global equity growth in the new year, according to Standard Life Investments.
The global investment group's latest report, Global Outlook, suggested 2014 would see positive momentum in the equities space, but only if companies take the risk and invest their cash balances.
"A key issue that will determine the pace of recovery and return will be the extent to which companies step up to the plate," Standard Life Investments' chief executive Keith Skeoch said.
"A recovery in US business investment during 2014 will signify that the upturn is self-sustaining and raise confidence about asset returns," he added.
Recommended for you
Underestimating the cost of insurance by almost $75,000 in a Statement of Advice is among multiple reasons that a relevant provider has faced action from the FSCP.
Over half of wealth management clients in Asia-Pacific say they are looking for more advice in investment and financial planning services, according to EY, and may switch or add new providers to achieve this.
As artificial intelligence continues to reshape how the advice industry operates, Adviser Ratings unpacks which areas advisers are using the technology to improve the client experience.
Insignia Financial has appointed the former APAC head of a global asset manager to its board.