In spite of turbulent markets, investor caution is beginning to give way to a more confident mood at least in terms of timing.
The full findings of the Investment Management Association’s biannual report show nearly half of UK private investors think it’s a good moment to put money into funds, and into equities – but that’s not to say they are ready to lay out more money than last year.
Although still relatively risk averse, a good opportunity to invest in a company should not be missed, say a feisty 43 per cent. Brave sentiment indeed as more than half of the 4000 investors polled expect the FTSE 100 to take over two years to return to levels of 6000.
Richard Saunders, IMA chief executive, says the last six months have shown healthy inflows and sees more investor investor confidence than a year ago.
Not everyone is seeing the same picture. Henderson, one of the UK’s biggest asset management groups, warned on Friday that profits for the first six months of the year would be half of those earned during the same period in 2008, and believes investor confidence is still fragile.
So just how does investor confidence look from your perspective? It would be good to hear back.