Table 1 shows the responses of investors at Expert Investor Norway.
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 | 70% |
Multi-asset | 20% |
Hedge | 0% |
No preference | 10% |
2.) Which is the greater threat? | |
Inflation | 41% |
Deflation | 59% |
3.) For EM equities, do you prefer: | |
Small cap | 22% |
Large cap | 43% |
No preference | 35% |
4.) For EM equities, do you prefer: | |
Growth | 45% |
Value | 27% |
No preference | 27% |
5.) For EM equities, do you prefer: | |
Active | 78% |
Passive | 22% |
No preference | 0% |
6.) For EM equities, do you prefer: | |
Long-only | 82% |
Long-short | 18% |
No preference | 0% |
7.) For European equities, do you prefer: | |
Small cap | 52% |
Large cap | 0% |
No preference | 48% |
8.) For European equities, do you prefer: | |
Growth | 26% |
Value | 48% |
No preference | 26% |
9.) For European equities, do you prefer: | |
Active | 62% |
Passive | 33% |
No preference | 5% |
10.) For European equities, do you prefer: | |
Long-only | 64% |
Long-short | 27% |
No preference | 9% |
11.) For US equities, do you prefer: | |
Small cap | 23% |
Large cap | 32% |
No preference | 45% |
12.) For US equities, do you prefer: | |
Growth | 15% |
Value | 55% |
No preference | 30% |
13.) For US equities, do you prefer: | |
Active | 50% |
Passive | 40% |
No preference | 10% |
14.) For US equities, do you prefer: | |
Long-only | 68% |
Long-short | 26% |
No preference | 5% |
15.) What is your general outlook on Europe? | |
Bull | 41% |
Undecided/Neither | 35% |
Bear | 24% |
16.) What will be the fate of the euro? | |
It will not exist in 2 years | 0% |
It will not exist in 10 years | 6% |
It will continue | 94% |
17.) What should happen to the euro? | |
It should stay as it is | 50% |
The fiscally strong states should form a separate union | 44% |
We should go back to one country, one currency | 6% |
Table 2: Pre-event sentiment
1.) Re global emerging market equities, over the next 12 months do you expect to: | |
Increase your weighting | 43% |
Keep it the same / uncertain | 43% |
Decrease your weighting | 11% |
We don’t use this asset class | 3% |
2.) Re developed European equities, over the next 12 months do you expect to: | |
Increase your weighting | 40% |
Keep it the same / uncertain | 37% |
Decrease your weighting | 6% |
We don’t use this asset class | 17% |
3.) Re UK equities, over the next 12 months do you expect to: | |
Increase your weighting | 3% |
Keep it the same / uncertain | 33% |
Decrease your weighting | 3% |
We don’t use this asset class | 61% |
4.) Re US equities, over the next 12 months do you expect to: | |
Increase your weighting | 27% |
Keep it the same / uncertain | 43% |
Decrease your weighting | 13% |
We don’t use this asset class | 17% |
5.) Re Asian equities, over the next 12 months do you expect to: | |
Increase your weighting | 31% |
Keep it the same / uncertain | 45% |
Decrease your weighting | 7% |
We don’t use this asset class | 17% |
6.) Re Japanese equities, over the next 12 months do you expect to: | |
Increase your weighting | 10% |
Keep it the same / uncertain | 28% |
Decrease your weighting | 14% |
We don’t use this asset class | 48% |
7.) Re developed market government bonds, over the next 12 months do you expect to: | |
Increase your weighting | 6% |
Keep it the same / uncertain | 38% |
Decrease your weighting | 28% |
We don’t use this asset class | 28% |
8.) Re developed market corporate bonds, over the next 12 months do you expect to: | |
Increase your weighting | 10% |
Keep it the same / uncertain | 49% |
Decrease your weighting | 17% |
We don’t use this asset class | 24% |
9.) Re high yield bonds, over the next 12 months do you expect to: | |
Increase your weighting | 17% |
Keep it the same / uncertain | 34% |
Decrease your weighting | 28% |
We don’t use this asset class | 21% |
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 | 7% |
We don’t use this asset class | 38% |
11.) Re emerging market corporate bonds, over the next 12 months do you expect to: | |
Increase your weighting | 17% |
Keep it the same / uncertain | 42% |
Decrease your weighting | 10% |
We don’t use this asset class | 31% |
12.) What is your broad macroeconomic outlook? | |
Positive | 60% |
Uncertain | 37% |
Negative | 3% |
13.) Re absolute return strategies, over the next 12 months do you expect to: | |
Increase your weighting | 35% |
Keep it the same / uncertain | 31% |
Decrease your weighting | 3% |
We don’t use this asset class | 31% |