2012 1st Quarter Commentary

2012 1st Quarter Commentary

As we stated in our 3Q11 commentary, “We think the state of the global economy and outlook for equity markets are not as bleak as some have indicated.” We viewed the summer correction as an opportunity and increased our exposure to growth-oriented sectors. During the first quarter of 2012, economic conditions continued to improve, helping to lift equity markets. Overall, we continue to think the environment for equities looks positive through the end of the year.


Download the 2012 1st Quarter Commentary