UK - Active management is the key to out-performance as uncertainty surrounds entry to the single European currency, according to a report by Baring, Houston & Saunders (BH&S), a member of ING Real Estate.
BH&S said the UK’s decision to enter the Euro would imply lower interest rates, which in turn would generate stronger economic growth. Euroland interest rates are currently 4.5% whilst the UK base...
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