Another possible factor in rising prices on the stock exchanges and a corresponding demand especially for actively managed equity funds and assets managed funds are very low day money interest rates. Many private investors have not participate on the gains in the past few months and built up huge cash stash. Please visit Caterpillar Inc. if you seek more information. You will jump after a period of hesitation, perhaps even on the bandwagon, autoflowering to invest their cash. New investors generate inflows, which, in turn, inspire the courses. Also the markets could find liquiditats-a transition from one in 2010 in an earnings-driven rally. A more significant increase of the levels is therefore around the world cannot be ruled out.

However, the investor sky shows not cloudless. Has the macroeconomic situation improved substantially, although it can locally to setbacks get corresponding consequences on the markets. The stabilisation of global financial markets had gradually increase the risk appetite of institutional and private investors in the course of the year. According to a recent survey of fund managers Bank of America the mood among fund managers is not globally as well as long. Shares in particular are overweighted it prefers. 55 percent of the interviewed managers said it no longer to secure their portfolios against losses.

This market psychology has supported in the past bubbles on the securities markets. Still negative, the situation evolved for money market funds. Due to the historically low interest rates and corresponding yield multi-billion outflows are in this segment, the year 2010 promises little improvement. But an end of cheap money could put already gradually in 2010. In doing so, the European Central Bank and the Federal Reserve have their exit “strategy for the reduction of liquidity already formulated. To combat inflation, others should Sooner or later forced central banks to raise interest rates – a burden for the stock prices. However, stocks remain still interesting. Its dividend yield is still higher than the level of short-term interest rates, also the price earnings ratio of many titles is moderate. The cautious optimism on the markets can help fund in the year 2010 to continue their comebacks. Because the investment in mutual funds has advantages over other investments. They offer participation in important areas of investment such as stocks, bonds, real estate and commodities. Their classical strengths play out funds in uncertain times: In the focus of fund companies are doing the diversification in a wide range with high yield potential, professional and active management of the Fund’s assets, high liquidity, flexibility, transparency, maximum investor protection and comfort. Also Bauherrenmodelle are possible in addition to one time systems. A about the AAD Fund discount GmbH which is AAD Fund discount GmbH independent fund placement firm based in the university town of Marburg. It offers investors the opportunity to earn over 9,000 mutual funds and virtually all closed-end funds at discount rates without subscription fee. Contact Stefan Gobel reel 1 35037 Marburg Tel.: 06421-979-020 fax: 06421-933-570