We see modest upside to global equities in 2015, with earnings - TopicsExpress

We see modest upside to global equities in 2015, with earnings growth taking over as the key driver of returns. We are overweight Europe and EM, and underweight the US. We recommend a defensive tilt at the sector level with overweight positions on Telecoms, Utilities, Consumer Staples and Financials. Our analysts identify four themes likely to drive returns over the next 12 months. Register Here for More News Updates: goo.gl/vMtjFI

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