According to a monthly survey of British money managers, in which 14 investors participated, the average allocation in global balanced portfolios to equities slipped to 47.4 in July from 49.2 a month earlier.
Allocations to bonds - commonly seen as a haven in volatile markets - climbed more than one percentage point to 28.3 while the amount of funds parked for safe keeping in cash remained unchanged at 8.1 percent, still close to highs for the year.
The global economy has hit a rough patch. Leading indicators suggest that the immediate prospects have deteriorated, The average allocation to alternative assets such as hedge funds and commodities rose slightly to 13.4 percent from 13 percent while property exposure was 2.8 percent in July, up from 2.7 percent a month earlier.
Memories are still fresh of last August when a number of factors - including concerns about public debt in the United States and worries that the euro zone crisis would spread beyond Greece - combined to send markets into a tailspin.
With many of the problems that worried investors a year ago still unresolved, fears are growing that markets will once again suffer sharp selloffs in August 2012.
August will be a volatile month once again in anticipation of various developments taking place in September,nervousness ahead of events in the early autumn - such as stress tests for Spain's troubled banks - will keep markets on edge.
Some investors noted, however, that the heightened sense of nervousness and consequent cheap valuations on risk assets such as stocks could be paving the way for positive surprises.
But the mood was overwhelmingly cautious given uncertainty about the effectiveness of political decision making in tackling issues like the euro zone crisis.
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
stock market
- stock market next week january 21-25 2013
- Fiscal cliff will Dominate Stock Market Week Dec 24-28 2012
- China new leader comments economic optimism Stock futures rose
- Impact U.S. budget crisis stock market drop
- stock market focus week nov 12-16 2012
- Stock market will focus US election next week october 29 2012
- Stock market outlook october 8-12 2012
- Stock markets forecast october 1-5 2012
- Global Stock market outlook down september 24 2012
- Stock market prediction september 24-28 2012
- Wall Street stocks market forecast 2016
- Stock market predictions 10-15 September 2012
- Stock Market forecast september 5 2012
- Stock market forecast september 2012
- Weekly Economic Events calendar sept 3-7 2012
- Are stock market closed 3 september 2012
- Stock Market outlook september 3-7 2012
- Stock Market Analysis today august 29 2012
- Stock markets prediction week august 20-24 2012
- Stock markets outlook week 20-25 August 2012
- Financial Markets for august 13 -17 2012
- Stock Market outlook august 13-17 2012
- Stock markets down august 10 2012
- Stock markets down august 8 2012
- Global Stock Market news august 7 2012
No comments:
Post a Comment