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Laxman Pai, Opalesque Asia: Institutional investors are self-assured when it comes to navigating the next bout of market volatility, said a study.
Roughly 95% of the 75 institutional investors surveyed reported being at least somewhat confident in their organization's readiness to successfully navigate market volatility, according to a new survey conducted by Wilshire Associates.
Among that group, 39% feel very confident and 56% are somewhat confident. 5% reported that they do not feel very confident.
When asked to compare preparedness today for a bear market with how well prepared the organizations were in 2007, fewer than one-third of respondents (29%) feel "far more prepared." More than half of institutions (58%) feel more prepared than in 2007 and the remainder (13%) reported feeling the same level of preparedness as 12 years ago.
"If history teaches us anything, it is that markets do not go up forever in a straight line, so it is reassuring that many institutions have been proactive in their preparation for this inevitability," said Steve Foresti, Chief Investment Officer of Wilshire Consulting.
"However, with roughly six-in-ten institutions feeling anything less than far more prepared for a bear market than in 2007, and the same number feeling only somewhat confident about weathering volatility, there's opportunity for improvement," Foresti added.
Institutions are a mixed bag when it comes to what type of investments will generate best ...................... To view our full article Click here
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