JF says equities the obvious choice in 2002

JF Funds, an arm of JPMorgan Fleming Asset Management, advises clients to move out of bonds and cash and into equities to capture expected gains over the course of 2002. Many Hong Kong fund managers have been urging investors to "catch the upside" but to do so via hedged guaranteed products. JF Funds is having none of that; just be bullish is its message to the retail market.