William Davies is Head of Global Equities and Deputy Head of Equities at Threadneedle Investments. He manages retail and institutional funds including the Threadneedle Global Select Fund. (Threadneedle is Winner of the 2012 Morningstar Award as "Best Large Equity House" and "Top Rated Global Equity Manager".) In this radio feature he evaluates the worst case scenario thrown at equity markets and investors, where and why he continues to see equity investment opportunities. Why they are overweight the US, still like for e.g. the technology sector in the US, and among others are biased toward exporters...
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What is the worst case scenario given that equity markets have rallied since the beginning of this year?
Where do you see the equity investment opportunities given that as of today [28.03.2012 morning CET] Chinese equities had fallen the most in 4 months and in contrast the S&P 500 has rallied 12% this quarter?
From a geographic perspective where do see the equity investment opportunities?
Where are you underweight and what is your opinion of investing in the BRICs now?
Given the "risk-on risk-off" behaviour witnessed by financial markets - would you say investors are still hesitant when it comes to allocating to risk assets?