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22 May 2012 - Coronation Insights

After a positive start to the year for financial markets with growth assets producing good returns during the first months, the last few weeks have turned more negative, primarily because investors are concerned about changing events in Europe, specifically on the political front where there seems to be a significant backlash among electorates against austerity measures and the focus on reducing debt levels, according to Pieter Koekemoer, head of personal investments at Coronation Fund Managers.