Jeff Applegate, chief investment officer at Citi Global Wealth Management, is responsible for delivering competitive investment advice to the bank's wealth management clients. Nigel Sze is head of investments for Citi Global Wealth Management Asia-Pacific, and oversees capital markets advisory, portfolio counselling, and investment strategies. They offer their advice for investing this year.
You accurately forecast that global equities would outperform global bonds last year, and you say it will happen again in 2008. Why is that
Applegate A key reason is globalisation of labour supply, so even though in recent years we have seen strong commodity and energy prices, there has been low core inflation. To us, a key reason û in fact, probably...
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