商报讯 （记者 楼志文） “今年上半年全球金融市场走出了一轮过山车行情，3月至4月间欧债危机再次显现，抹平了年初以来超过15%的涨幅。全球新格局下应适时采取了稳健的投资策略，在仓位的控制上保持谨慎态度。”泰达宏利全球新格局基金基金经理胡兴表示，下半年将更多地转向美国地产投资主题，对全球其他市场保持较低仓位，相应增加组合中的固定收益资产。

dispatch （Reporter LouZhiWen） “In the first half of this year the global financial market out of the round the roller coaster market，March to April European debt crisis appeared again，Paved over more than 15% since the beginning of the rise。The global new pattern should be adopting the robust investment strategy，In the position control remain cautious attitude。”The teda to ascertain the new pattern of global fund fund manager HuXing said，The second half will be more real estate investment subject to the United States，On other global market keep low position，A corresponding increase in combination fixed-income assets。

　　在胡兴看来，未来6-12个月，全球金融市场的估值水平再次显现可观的吸引力。尤其在美国经济逐渐重拾内生性复苏力量的大背景下，我们看好美国房地产市场的投资价值。美国企业和家庭在过去10年累积的高杠杆债务在金融危机后的5年里已逐渐被消化，企业手中积累了大量现金，企业内部的就业效率大大提高；同时，居民部门在去杠杆后重拾消费能力，就业市场在经历了以精简效率为目的的残酷裁员后逐渐恢复活力；这些有利条件不仅会帮助美国重新获得长期的内生增长动力，更对美国房地产市场有重大意义。

In HuXing seems，The next six to 12 months，The global financial market valuation levels appear considerable appeal again。Especially in the United States economy gradually regain strength of endogenous background of recovery，We prefer the U.S. real estate market investment value。American enterprise and family in the past 10 years the accumulation of highly leveraged debt after the financial crisis in the five years has gradually been digested，Enterprise hands accumulated large amounts of cash，The enterprise internal employment efficiency is greatly increased；At the same time，Residents in the department to leverage back after spending power，The job market in the experience in order to streamline the efficiency for the purpose of cruel layoffs after gradually restore vitality；These advantages not only will help the United States to achieve long-term endogenous growth momentum，More on the U.S. real estate market has the great significance。