Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Investor sentiment index reveals 'cautious optimism'

australian-securities-exchange/financial-services-association/chief-executive/

9 September 2009
| By Liam Egan |

Australian investor sentiment has risen from minus 22.3 points to positive 5.0 points on the IFSA/CoreData Investor Sentiment Index since the beginning of the 2009 calendar year.

The index attributed the increase to optimism about the outlook for investment markets, an increase in the feeling of financial security and improving levels of satisfaction by respondents in their own investments.

Investment and Financial Services Association chief executive John Brogden said the result demonstrates most investors are “cautiously optimistic” the outlook for investment markets is improving, particularly for Australian shares.

“Two-thirds of respondents said they expect the [Australian Securities Exchange] to perform better over the next quarter — the highest number since the survey began in 2004,” Brogden said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 4 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND