Graham Duce

co-head of UK multi- manager funds, Aberdeen Asset Managers

Based in: London, UK

“The rally in the markets in the second half of 2010 has led to a higher level of optimism, with “risk on” trades being back in vogue. This renewed exuberance seems to have had a bearing on how many leading strategists view the prospects for the year ahead. Ordinarily we are uneasy to share the consensual view, but ultimately we believe the positives outweigh the negatives and the global economy is on track for a sustainable recovery. With this in mind we have reduced our cash position by allocating more capital to the Jupiter Absolute Return Fund which can to invest in a range of different asset classes.”