Investors shift concern to US economy
Richard Gilbert
Investor sentiment has changed dramatically over the past two years, with the latest Investment and Financial Services Association(IFSA)Investor Sentiment research revealing concerns about war and terrorism have given way to concerns about the US economy and the share market.
The research, conducted by TNS and released today, revealed that 19 per cent of those actively investing for retirement said concern about the US economy was the main factor currently affecting their investment decisions.
This compared to less than 8 per cent of Australia’s passive investors — defined as those relying on nothing more than superannuation guarantee contributions — who were concerned about the US economy.
Commenting on the research today, IFSA chief executive Richard Gilbert said it was clear that those who were actively engaged with their superannuation were in touch with the recent events that had affected global investment returns.
However, he said it was important that these investors saw the recent market movements in the context of the last few years’ stellar performance of superannuation funds.
Recommended for you
With Sanlam Private Wealth coming under ASIC pressure regarding the number of responsible managers in its business, law firm Holley Nethercote explores what the role entails and how to stay on the right side of the law.
Insignia Financial has granted CC Capital access to select company information in the hope of securing an improved offer from the private equity firm.
Recruitment agency Robert Walters has revealed the expected salary ranges for Australian financial advisers in 2025, with one particular state seeing a decline.
As global PE firms scope out the Australian wealth management industry, Finura predicts which other local names may potentially receive a takeover offer this year.