Politicians ‘hold key to economies’
Wednesday 12th December 2012, 4:06PM GMT.
THE games that politicians will play to keep economies afloat is one of the great uncertainties as far as assessing investment prospects for the year ahead, according to the chief investment officer of asset management business Quilter & Co.
Duncan Gwyther addressed an audience of financial professionals at the Royal Yacht Hotel recently to give the firm’s outlook for economic prospects.
‘Last year we were all very concerned about the euro and that was the pressure point that triggered market uncertainty. I thought then that the euro would stick together and that the politicians would muddle through,’ he said.
However, although he said that has proved to be the case, he said that future political policy is likely to play a critical role in how markets will react in the months ahead.’
Full story in Thursday’s JEP