07/03/2014
European investors retain an appetite for high-risk assets
P { margin-bottom: 0.08in; } The index of European investor sentiment by Invesco reflects a persistent appetite for high-risk asses. 55% of the 100 fund selectors surveyed, encouraged by confidence in the economy, were planning to increase their allocation to European equities in the next 12 months. 54% were planning to invest more in emerging markets, and 34% in the Asia-Pacific region. Bonds are the asset class which investors wish to reduce the most. About 28% are planning to reduce their investments in US Treasury bonds, compared with 21% in the prevoius survey, followed by euro zone government bonds (23%) and US corporate bonds (17%). The survey also finds that 46% of respondents have a favourable opinion of the global economy. “This percentage is lower than the 55% in June 2013, but far higher than the level 18 months ago, when only 17% were confident in the economic environment,” Invesco says.
