Global funds upbeat on first half


KUALA LUMPUR: Global fund management firms were upbeat on the investment outlook for the first half of 2013, said OCBC Bank's Fund Poll.

In a report yesterday, the bank said among the supportive key indicators to support the bullish outlook were: macro backdrop was still suportive; Asia, excluding Japan and emerging markets, remained the most favourite regional equity markets; positive outlook for US dollar; and, gold to retain its shine.

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