A Volative 2010 can be expected

Volatility can be expected throughout 2010 and the spotlight will increasely fall on the central bank who will have the difficult task of controlling inflation and asset price appreciate at a time when economic support measures and borrowing needs remain significant. Higher inflation from  rising commodities prices will remain a sticky issue for the authorities in 2010.


Special Situation Team's Strategy
As global growth is expected to pick up over the coming months with a possible return of inflation, we will likely add exposure to commodities such as agriculturals, oil.