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Investment trust believes bull market has begun

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The head of this investment trust is convinced that a new global bull market has begun.

He is particularly convinced of the buoyant outlook for emerging markets, which is perhaps unsurprising but still rings true as a view on the likely prospects for the world economy.

It seems obvious that the huge populations of countries like China, India, Brazil and Russia, allied to low costs and a growing appetite for a western life style, is going to power far faster growth in these economies than we can expect in the mature west.

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