Asset allocations

Nagelmackers sees UK, China, Brazil as macro hedge

Chris Govaerts, Nagelmackers chief strategist

A global macro strategy seems the place to be in the current extremely volatile stock market climate. But beware, if you do not combine global macro with micro factors, you are doomed to fail, says Christopher Govaerts (photo), chief strategist at Belgian private bank Nagelmackers. Specifically, British equities and emerging markets such as China and Brazil now offer a counterweight.

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