Sun, Aug 2, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian investor sentiment pessimistic in third quarter

Wednesday, November 13, 2013

Beverly Chandler, Opalesque London:

The latest Asian investor sentiment survey from Manulife found that investor sentiment across Asia fell sharply in the third quarter of this year, with the most noticeable declines seen in Japan and Indonesia and the deepest pessimism in Hong Kong and Taiwan, driven largely by deteriorating expectations towards the equities and property sectors.

The Manulife Investor Sentiment Index in the three months to Sept. 30, based on 3,500 interviews across seven Asia markets, dropped six points from the previous quarter to 15. This was still in positive territory but well below that seen in Manulife’s parallel index in United States (20) which fell by the same amount during the quarter. The index showed sentiment towards all surveyed asset classes to be at best lukewarm. Investor sentiment was lowest in Hong Kong (-14) for the second quarter running, while investors in Malaysia were the most upbeat (49).

"These findings underline the caution felt by investors around the region. People are sitting on their hands, unsure what to do," said Robert A. Cook, President and CEO of Manulife Financial in Asia. "The survey is clear that Asia investors aren’t looking for excitement. They want secure, steady investment returns. From their perspective that makes a lot of sense, particularly when saving for long-term goals."

Investors across the region cited market volatility as the main reason......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner