Komfie Manalo, Opalesque Asia: According to Commonfund, said that institutional investors remain positive in their market outlook but are keeping a cautious stance.
This was the finding in the fifth annual Commonfund Investor Outlook Survey, which gauges the sentiments of 208 of the more than 500 endowment, foundations and pension funds attending the 2015 Commonfund Forum in Orlando Florida. Aggregate assets of institutions responding totaled $273bn.
Commonfund is one of North America’s leading investment management firms, managing assets totaling $25 billion for some 1,400 institutional clients, including educational endowments, foundations and philanthropic organizations, hospitals and healthcare organizations, pension plans and plan sponsors, and family offices and trusts.
The survey data shows that institutional investors’ expectations for 2015 remain positive, if somewhat more cautious than in prior years, with elevated expectations for tail risks and slightly lower expectations for the U.S. stocks vs. last year.
"Six years into a U.S. economic expansion and market run, it is not surprising that investor expectations for U.S. markets, while still positive, have tempered," said Catherine Keating, president and CEO of Commonfund. "Globally, this business cycle is maturing and economies and central bank actions are diverging. In this environment, fundamentals -- valuations ...................... To view our full article Click here
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