Investors uncertain over recovery - Investments - News - Moneyfacts

News

Investors uncertain over recovery

Investors uncertain over recovery

Category: Investments

Updated: 10/11/2009
First Published: 10/11/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

UK investors appear uncertain as to the future direction of the FTSE 100 index, despite the recent rally in the markets.

According to new research from Barclays Wealth, 39% of investors felt the impending fortunes of the market were too difficult to call.

A third (34%) said they were bullish, believing a recovery was under way, while 27% admitted to being bearish.

"The highs and lows of the FTSE in recent months have clearly divided investors when it comes to their outlook for the market, and the UK's economic recovery," said Barbara-Ann King, Head of Investments at Barclays Stockbrokers.

"Investors have faced, and are still facing, unprecedented challenges throughout the economic crisis, but are clearly taking it as an opportunity to gain from volatility."

The survey follows hot on the heels of Skandia Investment Group predicting that equity markets will continue to rise, despite last month recording their first monthly fall since February.

The group said that the falls in October had been generally modest, led by a drop in the banking sector over fears that reforms would undermine profitability.

However, it added that markets still remained sharply higher on the year so far, albeit below the levels seen at the time of Lehman's demise.

"We expect markets to resume their upward march into year-end, with small caps continuing to outperform as financing conditions continue to ease and investors increase their exposure to riskier assets," said SIG Chief Investment Officer, James Millard.

Compare investments

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Could it be time to move away from cash?

The state of the savings market is understandably leaving many savers frustrated, particularly older savers who rely on a healthy return to boost their income. That’s why many are looking away from cash and considering the stock market instead.

£54m in Premium Bonds unclaimed on anniversary

Today sees the 60th anniversary of when Premium Bonds first started being sold. A lot has changed since then, with the top prize now standing at £1 million, compared with the £1,000 reward of 60 years ago.

£54m in Premium Bonds unclaimed on anniversary

Today sees the 60th anniversary of when Premium Bonds first started being sold. A lot has changed since then, with the top prize now standing at £1 million, compared with the £1,000 reward of 60 years ago.
 
Close