appetite for risk among investors is currently the highest in the last four years of levels, the survey data suggests asset managers, conducted by Bank of America Merrill Lynch in the period from 8 to 14 January 2010.
“Within a few months, investors showed optimism about the economy, but remain cautious about the risk and investment. However, according to a January poll, for the first time since January 2006, the survey shows that investors are willing to take risks” above average “. The According to the survey, 2% of investors willing to take risks “above normal”, while in December 2009, 7% of investors to assume the risk of “below normal” - the report said Bank of America Merrill Lynch.
In addition, it notes that the current appetite for shares is also at a high level: 52% of managers preferred shares, while a month ago that figure was at 37%. At the same time, the average percentage of funds has fallen to 3,4%, the lowest level since mid-2007. In December 2009, this value was 4%.
study found that fewer investors protect themselves from falling share prices: in January, already 55% of investors are not insured against a possible depreciation of shares in the next three months as against 48% in December.
“investors to invest in cyclical stocks, optimistic about profits and encourage companies to invest in growth,” - says the report.
“This study - one of the most optimistic of them all, that we conducted, it suggests that investors believe the rapid process of economic recovery,” - said in the statement the chief European equity strategist at Bank of America Global Research Gary Baker.
At the same time, the chief global equity strategist at Bank of America Global Research, Michael Hartnett encourages investors to be more cautious: “We are witnessing the early warning signs for investors who do not consider possible options to sell shares at the present time: the low level of free cash Drugs and excessive confidence, which excludes the probability of sale of shares.
Investors who participated in the survey of asset managers, recommends that companies pay more attention to the growth of capital investment, rather than improve performance reporting. “For the first time since mid-2006 capital investments topped the list of priorities for investors, ahead of the problem of debt reduction and payment of dividends to shareholders”, - emphasized in the report.
According to the survey, 40% of respondents stated that they would like to get companies to spend money just for capital investments. Debt reduction, which over the past year and a half years was considered the most important issue, pushed aside.
In addition, 55% of survey participants noted that the company enough to invest in business development, in December of this point of view was shared by 48% of respondents. Investors also have favored the buildup of debt companies: The number of those who believe that the ratio of capital to companies borrowing remains high, increased from 9% in December to 15% in January.
“The desire of investors to see an increase in investment reflects the growing optimism about corporate profits: 63% of the global survey expect to increase profits in the coming year by at least 10%, significantly higher rates of December, when adhered to this view, only 46% of respondents. Some thirds of respondents believe that a 10% rise “very likely.” Projections of operating profits also remain bright - 40% of respondents expected to increase, “- said the report.
Good morning! Information Group Finam.ru and Investment Company “Finam” Welcome to your site and wish you good day!
“Hero of the Day” on Tuesday was undoubtedly the British pound
Latin America: Brazil mining sector supported
United States: health reform faces opposition Republicans, the market reacted optimistically
Why in 2009 did not reduce inflation
Google delayed the start of China”s Android communicator
The Ukrainian stock market on Tuesday closed at different direction volatility of external sites
Forex - results of the day
Analyst forecasts: The Russian sites are expected positive start to trading with the subsequent reduction
Appetite for risk by investors peaked over the last 4 years
appetite for risk among investors is currently the highest in the last four years of levels, the survey data suggests asset managers, conducted by Bank of America Merrill Lynch in the period from 8 to 14 January 2010.
“Within a few months, investors showed optimism about the economy, but remain cautious about the risk and investment. However, according to a January poll, for the first time since January 2006, the survey shows that investors are willing to take risks” above average “. The According to the survey, 2% of investors willing to take risks “above normal”, while in December 2009, 7% of investors to assume the risk of “below normal” - the report said Bank of America Merrill Lynch.
In addition, it notes that the current appetite for shares is also at a high level: 52% of managers preferred shares, while a month ago that figure was at 37%. At the same time, the average percentage of funds has fallen to 3,4%, the lowest level since mid-2007. In December 2009, this value was 4%.
study found that fewer investors protect themselves from falling share prices: in January, already 55% of investors are not insured against a possible depreciation of shares in the next three months as against 48% in December.
“investors to invest in cyclical stocks, optimistic about profits and encourage companies to invest in growth,” - says the report.
“This study - one of the most optimistic of them all, that we conducted, it suggests that investors believe the rapid process of economic recovery,” - said in the statement the chief European equity strategist at Bank of America Global Research Gary Baker.
At the same time, the chief global equity strategist at Bank of America Global Research, Michael Hartnett encourages investors to be more cautious: “We are witnessing the early warning signs for investors who do not consider possible options to sell shares at the present time: the low level of free cash Drugs and excessive confidence, which excludes the probability of sale of shares.
Investors who participated in the survey of asset managers, recommends that companies pay more attention to the growth of capital investment, rather than improve performance reporting. “For the first time since mid-2006 capital investments topped the list of priorities for investors, ahead of the problem of debt reduction and payment of dividends to shareholders”, - emphasized in the report.
According to the survey, 40% of respondents stated that they would like to get companies to spend money just for capital investments. Debt reduction, which over the past year and a half years was considered the most important issue, pushed aside.
In addition, 55% of survey participants noted that the company enough to invest in business development, in December of this point of view was shared by 48% of respondents. Investors also have favored the buildup of debt companies: The number of those who believe that the ratio of capital to companies borrowing remains high, increased from 9% in December to 15% in January.
“The desire of investors to see an increase in investment reflects the growing optimism about corporate profits: 63% of the global survey expect to increase profits in the coming year by at least 10%, significantly higher rates of December, when adhered to this view, only 46% of respondents. Some thirds of respondents believe that a 10% rise “very likely.” Projections of operating profits also remain bright - 40% of respondents expected to increase, “- said the report.
Good morning! Information Group Finam.ru and Investment Company “Finam” Welcome to your site and wish you good day!
“Hero of the Day” on Tuesday was undoubtedly the British pound
Latin America: Brazil mining sector supported
United States: health reform faces opposition Republicans, the market reacted optimistically
Why in 2009 did not reduce inflation
Google delayed the start of China”s Android communicator
The Ukrainian stock market on Tuesday closed at different direction volatility of external sites
Forex - results of the day
Analyst forecasts: The Russian sites are expected positive start to trading with the subsequent reduction