News and Announcements
GWAAM World Fund – August 2014
- Published September 10, 2014 10:32AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Global equities rebounded strongly in August from the decline in July. The USA equity indexes rose by nearly 4% in local currency terms.
European equities were buoyed by record low yields on sovereign bonds reflecting strong hints that the European Central Bank was about to provide additional liquidity to the very economically depressed region.
Generally equities remain supported by a search for yield and low inflation expectations.
Prospects for equity investors at these valuation levels look reasonable, especially in comparison to bonds.
Please see attached for the full report.
Regards
GWAAM Pty Ltd
Level 42, 120 Collins St,
Melbourne, VIC, 3000
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