Speaking to the Jersey Evening Post late last week, investment expert, Peter Lucas suggested that the Island's investors should be on the lookout for short-term opportunities in the equities market, although he stressed the importance of holding a balanced mix of equities, bonds, and cash in order to allow for swift movement in and out of the sector as circumstances dictate.
Mr Lucas, a global investment strategist at Ashburton, also told the JEP that although a 'golden age' of equity investment similar to that experienced in the 1980s and 1990s is not on the cards:
'Stock markets can be expected to bottom in this final quarter of the year, ahead of improvement to the American economy next year.' He went on to predict that: 'It is our belief that the equity markets, having been so poor for almost three years, are on the verge of a 12 to 18 month period of recovery.'
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