Equities yes but Europe no, suggests Fidelity multi-asset research
Trevor Greetham, asset allocation director at Fidelity Worldwide Investment, suggest in new research based on an ‘Investment Clock’ model that equities remain a good way to tap into global growth, but that investors should avoid Europe currently.
The model suggests that as global growth continues, investors will benefit from risk assets, Greetham (pictured) stated.
However, this also tends to see central banks withdraw support, which suggests a possible further challenge to Europe, because of the link between the economic cycle and stimulus seen throughout the financial crisis.
To read the research click here: ClockWise