Bank of Ireland Private Banking says equity markets may now have hit the bottom of the cycle and that investors should be alert to the potential for recovery
May 19th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Bank of Ireland Private Banking said on Sunday that equity markets may now have hit the bottom of the cycle and that investors should be alert to the potential for recovery. A positive indicator of this was highlighted by the fact that Private Banking’s Global Equity Fund has seen gains of nearly 10% since the low point in March.