Investment ideas: February 2013

On January 1, news anchors were switching between covering the New Year’s celebrations from cities around the world and analyzing the United States politicians’ tackling of the fiscal cliff — the combination of tax cuts and government spending which were due to expire the day before. Many were hoping 2013 would bring an end to the market turbulence of the previous 12 months. For this month’s investment recommendations, Executive sat with Raed Khoury, general manager at Cedrus Invest Bank, and Mark Daher, general manager of Forex Capital Markets MENA. Raed Khoury > Favorite asset classes in 2013? Khoury expects 2013 to be more challenging than 2012 from the markets’ perspective. After a solid performance for fixed income in 2012, he no longer recommends exposure to this asset class as “their yields are so low and we are starting to reach a bubble in fixed income.” He sees opportunities in high-yield