Equities are cheap relative to bonds across the board, with emerging market equities giving the best value compared to the same set of bonds, according to research from Societe Generale’s Global Asset Allocation team. They currently recommend that people put their money into equities instead of government bonds. Societe Generale prefers equities over bonds The report from Societe Generale SA (EPA:GLE) says that they “prefer equities over bonds in the four developed countries. Equity allocation in a mixed equity and bond portfolio ranges from 69 percent (U.K.) to 99 percent (Germany). This is driven mainly by relatively high equity risk…