|
Aug 30, 2012, 08.11 AM IST
We are advising clients to reduce beta and raise cash into market strength. We have reduced equities to 6%, says Jonathan Garner, Morgan Stanley
Jonathan Garner, Morgan Stanley said that, "We are advising clients to reduce beta and raise cash into market strength. We have reduced equities to 6%. Overweight from the prior pre-defined fully invested Overweight position of 10%. Meanwhile, we have upgraded India to Equal Weight. We expect EMs to deliver around 5.2% GDP growth in 2012 and 5.8% GDP growth in 2013."
Tags: Jonathan Garner, Morgan Stanley
|
 From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'  The latest earning numbers FIRST on CNBC-TV18
News Videos
|
