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In contrast, most investors still seem to expect equities to yield double-digit annual returns.
Flemings excels at selling emerging-market equities to American and European investors, but offers little else.
He is reducing exposure to domestic equities, to 10percentt of the portfolio from 11percentt.
That prompted equities to rise and the dollar and Treasury bond yields to fall.
As a result, we opt to downgrade UK equities to benchmark [from overweight].
"We still prefer equities to bonds and unless interest rates increase substantially from here, this is unlikely to change".
In 2001, the New York City Economic Development Corporation chose Minskoff Equities to develop 5B as a commercial building.
Often, however, money will be taken out of equities to go into commodities, high-yield bonds and REITs.
A demographic trend in which retiring baby boomers shift from equities to bonds has depressed share prices.
I have seen conservative estimates that project institutional demand for European equities to be $11 trillion between now and 2010.
IN the space of a day, market focus seems to have shifted from equities to government bonds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com