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Focus on fiscal policies good for global equities

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Johannesburg – As the spotlight turns to fiscal policies in developed markets, global equities have become a more favourable asset class compared to government bonds.

This is according to the quarterly market and economic review by analysts Sanisha Packirisamy and Herman van Papendorp of Momentum Investments (MMI).

“We have a strong preference for global equities over global bonds and cash in our portfolios as we enter 2017.”

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