The Big Question: What are your predictions for 2012?

Alan Porter, Martin Currie Global Equity Income and Securities Trust of Scotland UNSUPPORTIVE ENVIRONMENT FOR EQUITIES   The macroeconomic environment will remain volatile and unsupportive for equities. Investors in most of Europe and the US will focus on the impact of deleveraging. The developing world, by contrast, will focus on domestic policy and foreign flows. Investors, too, will hold onto cash and view dividends as insurance against loss of capital. Ongoing volatility in equities will mean valuations will not change much. Given this lack of progression, my strategy remains ...