| 1.) What is your broad macroeconomic outlook? | |
| Positive | 43% |
| Uncertain | 43% |
| Negative | 14% |
| 2.) Re Global Emerging Market Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 37% |
| Keep it the same / uncertain | 53% |
| Decrease your weighting | 11% |
| We don’t use this asset class | 0% |
| 3.) Re Developed European Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 32% |
| Keep it the same / uncertain | 58% |
| Decrease your weighting | 11% |
| We don’t use this asset class | 0% |
| 4.) Re UK Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 0% |
| Keep it the same / uncertain | 39% |
| Decrease your weighting | 17% |
| We don’t use this asset class | 44% |
| 5.) Re US Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 43% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 14% |
| We don’t use this asset class | 5% |
| 6.) Re Asian Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 20% |
| Keep it the same / uncertain | 75% |
| Decrease your weighting | 5% |
| We don’t use this asset class | 0% |
| 7.) Re Japanese Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 20% |
| Keep it the same / uncertain | 45% |
| Decrease your weighting | 15% |
| We don’t use this asset class | 20% |
| 8.) Re Developed Market Government Bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 0% |
| Keep it the same / uncertain | 47% |
| Decrease your weighting | 37% |
| We don’t use this asset class | 16% |
| 9.) Re Developed Market Corporate Bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 20% |
| Keep it the same / uncertain | 55% |
| Decrease your weighting | 20% |
| We don’t use this asset class | 5% |
| 10.) Re Developed Market High-yield Bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 30% |
| Keep it the same / uncertain | 55% |
| Decrease your weighting | 10% |
| We don’t use this asset class | 5% |
| 11.) Re Emerging Market Government Bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 25% |
| Keep it the same / uncertain | 50% |
| Decrease your weighting | 20% |
| We don’t use this asset class | 5% |
| 12.) Re Emerging Market Corporate Bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 53% |
| Keep it the same / uncertain | 21% |
| Decrease your weighting | 5% |
| We don’t use this asset class | 21% |
| 13.) Re Long/short European/UK Equity, over the next 12 months do you expect to: | |
| Increase your weighting | 27% |
| Keep it the same / uncertain | 36% |
| Decrease your weighting | 0% |
| We don’t use this asset class | 36% |
| 14.) Re Frontier Market Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 38% |
| Keep it the same / uncertain | 43% |
| Decrease your weighting | 10% |
| We don’t use this asset class | 10% |
| 15.) Which is the greater threat? | |
| Inflation | 28% |
| Deflation | 72% |
| 16.) At what time scale do you think inflation will be a threat? | |
| 1 year | 0% |
| 3 years | 71% |
| 5 years | 29% |
| 17.) At what time scale do you think deflation will be a threat? | |
| 1 year | 80% |
| 3 years | 5% |
| 5 years | 15% |
| 18.) What will be the fate of the euro? | |
| It will not exist in 2 years | 0% |
| It will not exist in 10 years | 11% |
| It will continue | 89% |
| 19.) What should happen to the euro? | |
| It should stay as it is | 40% |
| The fiscally strong states should form a separate union | 50% |
| We should go back to one country, one currency | 10% |
| 20.) Re Gold | |
| Bull | 15% |
| Undecided/Neither | 25% |
| Bear | 60% |
