January 2012: There Will Be Blood ...

Okay, so maybe that headline is a bit dramatic, but you get the point: This year is going to hurt … a lot. Along with the uncertainty predicated on the back of the ongoing “will it or won’t it” questions pertaining to the possible shelving of the single European currency, 2012 will yield dismal returns, especially in the global equity markets for long-only asset managers. But life goes on, investors have expectations—thankfully, it seems most have now come to accept that the double-digit returns