Markets Have Become Too Cautious: CIO

3:30 AM ET Mon, 2 July 2012

"Clearly we have got ourselves in a position with the euro zone, where markets have become too cautious and the allocation of capital has been manifesting itself into the high yielding assets or sitting in cash accounts," Shahid Ikram, UK CIO and head of sovereigns at Aviva Investors, told CNBC.