To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here

Login

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
 
Search

Aberdeen gives monthly IT update

Global markets came to the rescue, of investment trustn investors in the past month particularly in Asia.

By Jonathan Boyd, Editor in Chief
Friday April 23, 2010

Aberdeen Asset Management says in its latest monthly roundup of investment trust activity that substantial economic recovery remains elusive, particularly in America and Europe.

"Pent-up demand for replacement capital expenditure may provide a temporary boost to growth, but in the absence of real income growth and higher consumer spending, positive effects are likely to prove short lived.," it says.

"Global financial markets shrugged off prevailing pessimism over economic fragilities and sovereign debt-financing woes to perform strongly during the month. Developing markets such as Thailand, Taiwan, Mexico and Indonesia were amongst the strongest performers, whilst the UK and Japan disappointed in relative terms."

 
Add your comment
Step 1: Tell us what you think...
 

Step 2: Prove you're not a robot...
You don't have to do this every time you submit a comment.

Login or register free and you won't see it again.
Enter the words above:
Step 3: Submit your comment...
Submit
 
Be the first to comment on this News Article.

 

Follow FE Trustnet

Video Headlines

More Videos

 
Poll

Do you think the FTSE 100 will hit a record high this year?

Yes

No

Vote