Kames CIO: No risk of global meltdown in 2017

'We are in a new era of nuanced investing'

Stephen Jones, chief investment officer at Kames Capital, has said there is little chance global markets will descend into meltdown this year, but warned investors must remain "agile" in their search for returns.

Jones argued the economic outlook looks brighter than it has for some time as a result of loose central bank policy and politicians' willingness to support growth. He said: "One risk we probably do not have to dwell too much on in 2017 is that of global meltdown. Equities, bonds, property: Which asset classes will wrongfoot investors in 2017? "There is enough momentum, with quantitative easing and growing signs of fiscal largesse among political leaders, to take us through to 2018 without serious threat of recession." Furthermore, Jones argued regime changes across developed wor...