Outlook 2013

How the economy and investments will perform in the coming year. From the Mid-January 2013 issue of Investment Executive newspaper.

January 14, 2013

Can’t take the shine off gold

The world's favourite precious metal remains a solid investment. The key, some fund portfolio managers say, is to invest in bullion and buy shares in only a few outperforming gold-mining companies

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A smorgasbord of risks stateside

There are multiple issues to be concerned about when investing south of the border. But, on the plus side, dividend payments are expected to increase despite the slew of extra and advance dividend payments as of yearend 2012

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Are high-yield bonds worth the risk?

The market for so-called "junk" bonds is relatively strong and stable currently, there are attractive high-yield bonds in the resources sector, as well as good values to be had in the BRIC economies

  • January 15, 2013 November 6, 2019
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Still part of a balanced portfolio

Investment-grade corporate bonds are still generating reasonable income, while government bonds provide safety and risk aversion. These qualities are much in demand during this time of significant economic uncertainty

  • January 15, 2013 November 6, 2019
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Asian consumers driving growth

Expansion will continue at a respectable rate, although it will be lower then previous peaks. Growing domestic demand will supplement exports, although the range of products in this sector is growing. South Korean chocolate pie, anyone?

  • January 15, 2013 November 6, 2019
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Japan looks to a new leader

Although it has flat-lined for two decades, Japan remains one of the world's largest economies. A new prime minister wants to boost growth by promoting consumer spending and a major expansion in public works

  • January 15, 2013 November 6, 2019
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China rises

Industrial production and retail sales in the world's second-largest economy are increasing

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Emerging markets geared for growth

Developing nations are expected to produce "good, solid returns" this year, supported by reduced reliance on exports to the developed world as well as higher domestic demand. But each country and sector is different

  • January 15, 2013 November 6, 2019
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Tougher global financial rules

Many of the regulatory reforms that have been proposed for the financial services sector in the aftermath of the global financial meltdown have misssed their intended deadlines or face implementation challenges

  • January 15, 2013 November 6, 2019
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Shrinkage, then some improvement

Most portfolio managers expect growth in Europe to remain negative well into this year, yet are optimistic about gradual improvement in the second half and into 2014. Managers have spotted opportunities in the region, but warn of risks

  • January 15, 2013 November 6, 2019
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