The case for long-term

As emerging market indices take a pause in their sustained rise, the case for developed market equities is re-emerging.

Is that because marketing and sales departments of asset management firms need a new sales story or is there any justification on long-term investment grounds? UK equities are certainly a much easier sell at this time of year to the average ISA and lower-end SIPP client, and equally developed market equities are likely to remain the bedrock of a standard personal pension portfolio. It is possible to make a good investment case for core markets such as the US, UK, Japan and Europe on a valuation basis and as a diversifier from other volatile assets. Supporting the case for the UK in th...