Table 1 shows the responses of investors at Expert Investor Belgium.
Table 2 shows sentiment data gathered via fund selector interviews and online surveys, shortly before the event.
Table 1: Event voting
| 1.) For Fixed Income, do you prefer: | |
| Traditional | 40% |
| Multi-asset | 36% |
| Hedge | 12% |
| No preference | 12% |
| 2.) For European equities, do you prefer: | |
| Small-cap | 42% |
| Large cap | 38% |
| No preference | 19% |
| 3.) For European equities, do you prefer: | |
| Growth | 23% |
| Value | 62% |
| No preference | 15% |
| 4.) For European equities, do you prefer: | |
| Active | 56% |
| Passive | 30% |
| No preference | 15% |
| 5.) For European equities, do you prefer: | |
| Long-only | 66% |
| Long-short | 31% |
| No preference | 3% |
| 6.) For US equities, do you prefer: | |
| Small-cap | 24% |
| Large cap | 60% |
| No preference | 16% |
| 7.) For US equities, do you prefer: | |
| Growth | 42% |
| Value | 50% |
| No preference | 8% |
| 8.) For US equities, do you prefer: | |
| Active | 67% |
| Passive | 30% |
| No preference | 4% |
| 9.) For US equities, do you prefer: | |
| Long-only | 68% |
| Long-short | 28% |
| No preference | 4% |
| 10.) For EM equities, do you prefer: | |
| Small-cap | 31% |
| Large cap | 50% |
| No preference | 19% |
| 11.) For EM equities, do you prefer: | |
| Growth | 46% |
| Value | 29% |
| No preference | 25% |
| 12.) For EM equities, do you prefer: | |
| Active | 85% |
| Passive | 8% |
| No preference | 8% |
| 13.) For EM equities, do you prefer: | |
| Long-only | 78% |
| Long-short | 11% |
| No preference | 11% |
| 14.) Re Frontier Market Equities, over the next 12 months do you expect to: | |
| Increase your weighting | 46% |
| Keep it the same / uncertain | 15% |
| Decrease your weighting | 8% |
| We don’t use this asset class | 31% |
| 15.) Re Global Equity Products, over the next 12 months do you expect to: | |
| Increase your weighting | 35% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 4% |
| We don’t use this asset class | 23% |
| 16.) Re Global Equity Income Products, over the next 12 months do you expect to: | |
| Increase your weighting | 29% |
| Keep it the same / uncertain | 21% |
| Decrease your weighting | 8% |
| We don’t use this asset class | 42% |
| 17.) Which is the greater threat? | |
| Inflation | 33% |
| Deflation | 67% |
| 18.) Is the US still the most important economic and investment force in the world? | |
| Yes | 50% |
| Yes – but only for the next couple of decades | 42% |
| No – their days of glory are already over | 8% |
| 19.) Is the current government competent to manage the economy? | |
| Yes | 35% |
| No | 65% |
Table 2: Pre-event sentiment
| 1.) Re global emerging market equities, over the next 12 months do you expect to: | |
| Increase your weighting | 25% |
| Keep it the same / uncertain | 42% |
| Decrease your weighting | 21% |
| We don’t use this asset class | 13% |
| 2.) Re developed European equities, over the next 12 months do you expect to: | |
| Increase your weighting | 42% |
| Keep it the same / uncertain | 46% |
| Decrease your weighting | 8% |
| We don’t use this asset class | 4% |
| 3.) Re UK equities, over the next 12 months do you expect to: | |
| Increase your weighting | 25% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 4% |
| We don’t use this asset class | 33% |
| 4.) Re US equities, over the next 12 months do you expect to: | |
| Increase your weighting | 21% |
| Keep it the same / uncertain | 29% |
| Decrease your weighting | 33% |
| We don’t use this asset class | 17% |
| 5.) Re Asian equities, over the next 12 months do you expect to: | |
| Increase your weighting | 26% |
| Keep it the same / uncertain | 52% |
| Decrease your weighting | 4% |
| We don’t use this asset class | 17% |
| 6.) Re Japanese equities, over the next 12 months do you expect to: | |
| Increase your weighting | 25% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 17% |
| We don’t use this asset class | 21% |
| 7.) Re developed market government bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 0% |
| Keep it the same / uncertain | 33% |
| Decrease your weighting | 42% |
| We don’t use this asset class | 25% |
| 8.) Re developed market corporate bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 8% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 46% |
| We don’t use this asset class | 8% |
| 9.) Re high yield bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 29% |
| Keep it the same / uncertain | 33% |
| Decrease your weighting | 25% |
| We don’t use this asset class | 13% |
| 10.) Re emerging market government bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 17% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 25% |
| We don’t use this asset class | 21% |
| 11.) Re emerging market corporate bonds, over the next 12 months do you expect to: | |
| Increase your weighting | 13% |
| Keep it the same / uncertain | 38% |
| Decrease your weighting | 29% |
| We don’t use this asset class | 21% |
| 12.) What is your broad macroeconomic outlook? | |
| Positive | 71% |
| Uncertain | 24% |
| Negative | 6% |
| 13.) Re absolute return strategies, over the next 12 months do you expect to: | |
| Increase your weighting | 58% |
| Keep it the same / uncertain | 8% |
| Decrease your weighting | 4% |
| We don’t use this asset class | 29% |
