Andrew Popper is chief investment officer of Societe Generale SA's Societe Generale Private Banking Hambros. He tells The Wall Street Journal Europe why he still likes equities and event-driven hedge-fund strategies.

The momentum in world equity markets continues, bolstered by an abundance of liquidity. We think stock valuations look fair as prices have increased in line with corporate earnings. Although equities aren't likely to produce the performance achieved last year, we expect the rally will continue.