Record High

“Sentiment towards European and UK equities is at a record high as more than 90% of advisers are keen on the asset classes, according to Barings’ latest Investment Barometer. European equities saw 91% call in their favour as ‘very’ or ‘quite’ favourable towards the asset class, an improvement on last year when 79% felt the same. UK equities were preferred slightly, with 93% favouring the asset class, compared with 79% a year ago. The number of intermediaries responding they felt ‘very’ favourable towards European equities was 39%, up from 18% a year ago and just 4% two years ago. The corresponding UK figures were 40%, up from 29% and 13% respectively. In the first quarter of 2013, Barings revealed that 71% of respondents felt eurozone growth was the biggest macroeconomic challenge globally. This has now fallen to just under half, or 47%.”

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