14/04/2011
Financial expertise of the Swiss in stagnation
According to a survey sponsored by Axa Investment Managers (Axa IM), four fifths of Swiss citizens surveyed, and the majority of those who invest in funds, pick emerging markets when asked to name markets which are expected to grow most in the next 3 to 5 years, Agefi Switzerland repoorts. But less than one fifth of them are invested in these markets. On the other hand, more than two thirds of Swiss perple surveyed are invested in European funds, though only one fifth consider these the most promising markets in the next three to five years. Of these same investors, more than two thirds of whom (69%) are invested in equity funds, only slightly over one third consider this class of funds the most likely to perform well in the future. These paradoxes are a sign of the distance to be covered still in improving public understanding of investment funds. The Axa IM knowledge index shows no improvement, however, in the general level of knowledge among the population.
