Current bull mkt to continue for few years: AMP Cap
June 9th, 2009
Shane Oliver, Head-Investment Strategy, AMP Capital Investors, said the markets are in a new cyclical bull phase. He added that the uptrend would continue for a few more years. “There is plenty of upside seen.”
Oliver is positive about Asia and emerging markets. He believes they would be outperformers as emerging markets would see increased inflows from Foreign Institutional Investors. “There are more signs of global economic recovery.”