OREANDA-NEWS. December 28, 2011. In November 23-24 in Moscow was held Financial Forum, organized by Vedomosti newspaper. One of the speakers on this forum was Alain Bokobza, Head of the Group's Global Asset Allocation division

According to Mr. Bokobza, in the coming year the volatility in developing countries will remain. However, the economic recession in Germany will have a positive influence on the borrowing cost in European Union. Societe Generale is worried about the current volume of investments in state bonds. The Group submits to pay attention to the corporate bonds, because investors keep an economy balance of the real corporations by acquiring them – the ones that provide people with workplaces and create value to the economy, as explained by Mr. Bokobza. Developing countries will grow slowly, and the inflation will remain high, that will not allow central banks to stick to the soft policy. That is why the investment prospects for the developing markets do not seem to be optimistic.