- published on 06/03/2014
The cost of Stronger Super compliance and product development has led Media Super to cut the role of chief investment officer. Jon Glass ... [more]
Chief investment officers surveyed by the Financial Services Council are negative about the prospects of international and Australian bonds, but are positive about stocks.
The CIOs are also upbeat about Australian property investment but down on real estate overseas.
Europe’s sovereign debt crisis is the biggest risk to investors this year, the survey reports. China’s economy will remain resilient.
The overall sentiment index toward investing now stands at 16, down from 20 in December.
A score of 0 is considered neutral, a score of 100 is the most positive and a score of minus 100 is the most negative.
The companies surveyed by the FSC include BlackRock, BT Investment Management, Goldman Sachs, Perpetual and Schroder.