(MENAFN Press) Snippets from the news announcement:
· Fewer are worried about the breakup of the Eurozone: 16 per cent vs. 36 per cent when compared to this time last year
· 30 per cent say slower growth in China is their biggest concern.
· 70 per cent of investors have improved their sentiment towards Europe since the beginning of the year. Half (50 per cent) of investors polled believe that European markets will be the best equity market performer.
· Many believe fixed income will not be able to deliver the returns they traditionally expect with 19 per cent believing all fixed income investments will produce negative returns.
· When asked which asset class will outperform over the next 12 months, 48 per cent of participants believe equities will outperform.
· According to the current survey, the US is still thought to be a strong equity market to invest in next year (23 per cent), too, particularly for UK investors (31 per cent).
· As part of the survey, UHNW and HNW investors were also asked what will be the best fixed income investment for the next 12 months. Extended corporate credit (30 per cent) attracted most European investors. A significant number of investors across Europe (19 per cent) believe that all fixed income investments will have negative returns over the coming 12 months.
· "We agree with investors and see potential for this asset class [equity markets] to outperform over the next year. We also believe the Euro area to be at the onset of an improvement in hard data, such as retail sales. Our models for forecasting earnings growth leads us to expect a 6 to 10 per cent growth rate is attainable next year", commented Cesar Perez, Chief Investment Strategist, EMEA, J.P. Morgan Private Bank.