Which countries have the most pessimistic fund selectors?
By Jassmyn Goh, 8 Aug 18
We look at outlook of European fund selectors. Which countries have the bleakest outlook and which assets are they shunning?
Pan-European fund selector macroeconomic sentiment had been on an upward trajectory from Q2 2016 to Q4 2017 as selectors expressing optimism grew from 26% to 71%, according to Last Word Research.
While sentiment was still positive during Q1 2018, the high optimism is heading towards a neutral sentiment.
Currently, only 49% of pan-European fund selectors are positive on the macro outlook.
Asset class wise, developed market high-yield, developed market corporate bonds, and development market government bonds are the most disliked strategies across the continent.