Story by: Gemma Westacott, FTAdviser
The majority of IFAs now favour the American equity market, in a dramatic turnaround in confidence from this time last year.
Governments should stabilise the financial system to alleviate the global economic crisis, according to JPMorgan Asset Management.
M&G's multi-manager funds are taking a less negative stance on financials, according to the provider's multi-asset chief.
Investors remain sceptical recent government actions can combat any recession and are maintaining defensive positions, according to the latest Merrill Lynch fund manager survey.
Negative correlation with equities and appreciation of dollar make cash a safer asset class
Investors who are too cautious could miss out on a US stock market rally as low pricing offers potentially attractive returns, according to Legg Mason Capital Management.
Job losses in the US marched up to nearly a quarter of a million in October as the credit crunch continued to bite into the economy, revealed Henderson Global Investors.
IA roundtable paints a bleak picture of rising unemployment and wealth flowing east
Redemptions from European funds reached record levels in September as confidence in money market funds fell sharply.
Head of US equities tells IA roundtable subprime crisis has done its worst to US property market
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