upward-market-momentum-to-continue-in-2010

Upward market momentum to continue in 2010

Equities and commodities will yield returns in 2010 on the back of a global market recovery driven partly by emerging markets, predicts Credit Suisse.

Risky asset classes will continue to deliver strong performance through the recovery phase of the financial crisis in 2010, Credit Suisse private banking projected at a recent briefing. This comes after 2009 turned out to be the second best performing year for Asian equities on record, and led the Swiss bank to suggest an investment strategy that is overweight equities and commodities and has only moderate exposure to underperforming cash and government bonds.

Equities and commodities will be the best asset classes to deliver pay-offs to our clients, said Fan Cheuk Wan, managing director and head of Asia-Pacific research for Credit Suisse private banking.
 
Specifically, Fan expects Asia's technology sector to deliver returns...

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