The struggle with their clients’ preference for bonds is a big problem for Portugal’s fund buyers at the moment.
Images from the May 2013 Expert Investor Portugal event
Portuguese fund selectors worry about falling prices during the next two years but fear inflation over the longer-term, according to voting at the Expert Investor Portugal conference in Lisbon.
The voting results from fund selectors in Lisbon, in May 2013
Portuguese investors are very suspicious of the looming bailout from the European Union. Some of our interviewees were confident about the fact that Portugal can handle the continuous downgrading from ratings agencies. However, others expressed their concern and that further intervention is unavoidable, despite the several measures taken by the government during the last months. […]