The Big Question: How are you positioned for this year?

Will Low director of equities, SWIP   Financials After a year of measured adjustment to fiscal positions, this year will be all about how economies adjust and the interplay between growth and greater fiscal conservatism. We forecast moderate global growth in 2013. This will see a stronger showing from the US and emerging economies dragging up the UK and Europe.  A recovery in bank lending will be key and seems more of a challenge in southern Europe in particular.  Following the sharp rises in various markets in 2012, returns from equities will be more selective and stock-specific...