They said it – views from 2010 about 2011 revisited
As the end of 2011 draws near, predictions for 2012 are coming thick and fast. Yet, who can claim to have clairvoyant abilities and who is just hoping last year’s analysis will be buried with their financial losses? InvestmentEurope brings you a series of brief outlooks for 2011 as they were.
Rob Burnett, Investment Director & Head of European Equities
Neptune European Opportunities Fund and Neptune European Max Alpha Fund:
Sovereign default risk endgame: the market is likely to push for a more substantial policy response than has been agreed so far to alleviate sovereign debt pressures. This is most likely to happen in the first half of the year as financing requirements pick up.
Emerging market inflation and policy response: with investors fully committed to the emerging market growth story within global equities, tighter monetary policy in the face of higher inflation ought to be a significant factor.