The Big Question: Where will the best returns be found in 2014?

THE BIG QUESTION

In the first of a two part series, Investment Week asks fund managers what they think the hot spots will be in 2014.

Robert Talbut chief investment officer, Royal London Asset Management   Equities & property There is a dangerously strong consensus that all is set fair for 2014, with rising growth, strong equity returns, and supportive policy. My own view is the year will be far trickier, liable to disappointment, with unspectacular returns. After five years of strong returns boosted by monetary stimulus, we are now shifting towards less generous support. This is combined with no asset class looking cheap, which adds up to a more testing environment and one where strong views are difficult to ...