The Certitude Global Investing Intentions Index has revealed that demand from active investors for global assets increased in September, following a decline in August.
The index – which collates the views of over 600 actively engaged investors – found that 42 per cent of investors believe they need greater exposure to international assets, with 20 per cent indicating an intention to increase their global equities exposure “within the next month”.
Certitude chief executive Craig Mowll said the results could be seen as a vote of confidence in international markets.
“Results this month show that investors are regaining confidence in international markets and the relative proportion of prospective buyers versus sellers of overseas assets increased by 5 per cent,” Mr Mowll said.
“At the same time, concerns about growth in China, and the effect of the continued turmoil in the Middle East is taking its toll.
“Investors overall anticipate a rise in both Australian and global markets, but it is worth noting that the proportion expecting a decline in both markets is at its highest level since June 2013,” Mr Mowll said.
“This may be one explanation of the significant shift this month from a preference to gain international exposure via a direct purchase of shares (34 per cent of investors who intend to invest overseas, down 3 percentage points) to a desire for actively managed international funds (44 per cent, up 5 percentage points),” he said.
The index rose in September to the highest level since June 2013.
