An investments expert has revealed that he is "relatively bullish" about the state of the markets.
Mark Dampier, head of research at Hargreaves Lansdown, observed that investors need to "divorce at least to some degree the stockmarkets and the economies".
This assertion comes after it was revealed that there was a 0.5 per cent contraction in the UK economy in the fourth quarter of 2010.
"Investors should concentrate on quality fund managers and not try to guess final outcomes, as views are so polarised," commented Mr Dampier.
"I remain a fan of Templeton Emerging Markets, and any fall here should be viewed as a buying opportunity."
Meanwhile, research conducted by the Association of British Insurers revaled recently that the number of Britons who see property as the best long-term investment has fallen to its lowest level.
The number has, in fact, fallen by around a third in the last three months of 2010.
Investment expert bullish about markets
Investment expert bullish about markets
Thu, 27 Jan 2011
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