We would accept that the case for overweighting continental Europe is by no means as strong in local currency terms, as we believe interest rates are unlikely to be as helpful for a continental European overweight as they have been in the past. |
We're still seeing some rotation into more cyclical stocks ... such as consumer products makers, and industrials, ... We quite like oil stocks as well. |
We're still seeing some rotation into more cyclical stocks ... such as consumer products makers, and industrials. We quite like oil stocks as well. |