Forget the index, it’ll be a picker’s game

Original article by Vanessa Desloires, Stephen Cauchi
The Australian Financial Review – Page: 20 : 4-Jan-16

Australia’s benchmark S&P/ASX 200 Index ended 2015 at 5,295.9 points. Goldman Sachs forecasts that it will rise to 5,600 in 2016, and Citi expects it to reach 5,900. Meanwhile, David Bryant of Australian Unity says factors such as low interest rates and sustained weakness in commodity prices will weigh on sharemarket returns in 2016. Bryant is particularly bearish about returns from resources and banking stocks.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, GOLDMAN SACHS AUSTRALIA GROUP HOLDINGS PTY LTD, DEUTSCHE BANK AG, AUSTRALIAN UNITY LIMITED, CREDIT SUISSE (AUSTRALIA) LIMITED, PRIME VALUE ASSET MANAGEMENT LIMITED, COMMONWEALTH SECURITIES LIMITED

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