Barings' Mahon: Why I have turned overweight equities

Global growth looks pretty uninspiring, and there is much uncertainty on the horizon. But now is the time to load up on equities, says Christopher Mahon from Baring Asset Management.

The last couple of months have been a weak period for risky assets, and the market also suffered an especially volatile day on 15 October. Over the course of the day, yields on 10-year US treasuries made one of the biggest intraday falls in recent memory, before snapping back and ending the day close to where they started. Support to the market will come from several areas. For one, America continues to improve. The supportive combination of better lending conditions, rising house prices, falling unemployment and improving consumer confidence remains in place. Meanwhile, there is l...