SW Mitchell founder and investment manager Stuart Mitchell has described the investment opportunity presented by European retail banks as the ‘kind that comes once in a lifetime’ with 100 per cent valuation growth expected in the short to medium term.
The IMF projects global growth to be slightly higher in 2014.
Investment managers have remained remarkably optimistic over the last quarter, a PwC report reveals.
Market sentiment in Asia appears to be improving‚ albeit with one cautious eye on tapering in the US.
The wide-ranging programme to revitalise the Japanese economy and raise its growth rate in the long term, as well as provide short-term stimulus, dubbed Abenomics, is on track.
German GDP figures released on Wednesday showed weaker than expected growth.
World Bank report warns tapering measures could end in a car cash for emerging markets.
Inflation has hit the Bank of Englands target figure of 2% for the first time since 2009 as figures from the Office of National Statistics show the consumer prices index rose by 2% over the year to December.
Equities continue to be investors' favourites as it was the best-selling asset class for the eighth consecutive month‚ according to the IMA.
Despite underperforming the past two years, all hope is not lost: energy investments could play out favourably for those willing to risk it.
Paul Read and Stuart Edwards of Invesco Perpetual’s fixed income team believe income rather than capital growth will remain a key focus for both UK and global bond investors during 2014‚ but there are fewer opportunities available.
Latest cash flow statistics indicate that international equities are the preferred choice for investors, while interest in UK equities is lagging.
