SINGAPORE (Sept 13): With the emergence of renewed geopolitical tensions, the upward incline of equity markets have come to a halt in August, even after a strong earnings season for 2Q.

Nonetheless, Amundi Asset Management says the economic cycle remains sound and synchronised on a global level, and recommends that risk allocation favour equity over credit, with a focus on areas of the market which still retain a valuation gap.

“The [global] equity outlook is still constructive, driven by earnings growth and... (Click here to read the full story.)