
Toby Nangle, head of global aggregate business at Baring Asset Management, talks with Bloomberg's Paul George and Sara Walker in London about the impact of higher oil prices on stocks, Royal Ahold NV's third-quarter profit reported today and his equity investment strategy. Stocks declined in Europe and Asia, led by exporters and banks, after crude oil approached $100 a barrel and the U.S. Federal Reserve lowered its growth outlook for the world's biggest economy. (Source: Bloomberg)
