Global Investor Sentiment Survey
|
|
- Karen Cox
- 6 years ago
- Views:
Transcription
1 2014 Global Investor Sentiment Survey K E Y I N S I G H T S - G L O B A L
2 Our results indicate that by many measures investors are optimistic about the year ahead. Following 2013, a year that saw the global economy grow at its fastest pace in nearly three years, investors show growing optimism about stocks, their investment returns and their ability to reach their financial goals. But this optimism is tempered by a lingering sense of uncertainty, as over 50% of investors indicate they ll follow a more conservative strategy this year. Despite the sense of uncertainty, many investors agree that 2014 will be a positive year for stocks. Last year, soft global growth and a strong U.S. dollar favored U.S. stocks over those in developed and emerging markets. However, in the latter-half of 2013, the dollar weakened and signs of growth outside the U.S. solidified, factors which may be influencing investors positive outlook for stocks. The survey also uncovered that investors continue to acknowledge the value of global diversification and agree the best opportunities can be found by looking outside their home countries. Read on to learn how the world s investors are planning for what s next. 2
3 Key Insights Investors expect stronger stock market performance in 2014 Despite rising optimism, most investors are reluctant to assume more risk Investors see the most potential in stocks and real estate to provide returns in 2014 Investors expect better returns from their investments in the year ahead Investors believe the best equity and fixed income returns will be found abroad Government fiscal issues among investors top concerns about investing in the U.S. and Europe 3
4 Investors Expect Better Stock Market Performance in 2014 We asked investors how they believed their local stock market performed over the last year and how they think it ll perform in the year ahead. Looking back on 2013, just 55% of investors believed their local market was up. When considering the performance of the market in 2014, 62% responded with beliefs that the market will be up. As evidenced by the chart below, investors in Latin America are expecting the greatest increase in their local stock markets performance this year, followed by investors in the Asia Pacific region. While nearly 7 in 10 investors in the U.S. and Canada believe 2014 will be a strong year for stocks, this figure is slightly lower than their outlook for 2013, with 74% of investors agreeing that the market produced positive returns. Investors Stock Market Outlook Regional Comparison 49% 58% 59% 64% 53% 65% 74% 69% 30% 21% 25% 1 21% 20% 23% 13% 28% 19% 18% % 9% 9% Asia Pacific 2013 Asia Pacific 2014 Europe 2013 Europe 2014 Latin America 2013 Latin America 2014 Up Flat Down U.S. & Canada 2013 U.S. & Canada
5 Most Investors Are Reluctant to Assume More Risk While fewer investors are planning to follow a more conservative strategy this year, their responses indicate that risk remains a concern. In our 2013 study, we discovered that 5 of investors preferred to take on less risk with the potential of achieving lower returns and that just 31% planned to assume more risk in order to achieve higher returns. This year, 52% of investors indicated that they re planning to become more conservative with their investments, while 32% are planning to follow a more aggressive, or risky, strategy. This trend toward conservatism, though it has declined somewhat year-on-year, runs counter to the fact that most investors expect better stock market performance and higher returns from their investments this year. Investor Strategy Planning Annual Comparison 2013 and % 36% 28% 29% 1 12% 16% 15% 3% 4% Much More Conservative Slightly More Conservative No Change in Strategy Slightly More Aggressive Much More Aggressive 5
6 Investors Look to Stocks and Real Estate to Provide Returns in 2014 Globally, investors show the greatest interest in stocks and property this year as 55% and 52%, respectively, believe these asset classes will provide the best returns. Among the 22 countries surveyed, investors in Japan showed the strongest conviction for stocks, with 78% agreeing the asset class will outperform in the year ahead. On the opposite end of the spectrum, Greek investors had the least optimistic outlook for stocks, with less than 40% believing the asset class will be among the best investments in While still among the perceived top-performers for 2014, precious metals have fallen out of favor with many investors, dropping from 53% in 2013 to 39% this year. Investors show a growing interest in the potential of alternatives to deliver returns, as evidenced by the chart below. The number of investors that believe alternatives will provide the best returns has increased by over 73% year-onyear. Perceived Top-Performing Asset Classes Annual Comparison 2013 and 2014 Asset Class 2013 Ranked Top Three 2014 Ranked Top Three Stocks 50% 55% Government securities 23% 21% Corporate bonds 19% 21% Property/real estate 51% 52% Precious metals 53% 39% Non-metal commodities 40% 3 Alternatives 15% 26% Currencies 21% 23% Bank savings/fixed deposits 28% 25% 6
7 Investors Expect Higher Returns in the Year Ahead In each of the regions surveyed, investors believe their returns will be higher this year than in With an expected return of nearly 11%, investors in Latin America have the most optimistic outlook for their investments performance this year. Conversely, at under, European investors have the most conservative outlook for their returns this year, though still higher than the 5.9% return they believe they earned in When looking at the country level, investors in India and Brazil expect the highest returns in the year ahead, at 13.8% and 13.5%, respectively. French investors have the most cautious projections for 2014, as they expect an average return of just 5.4% on their investments this year. Investment Return Projections Annual Comparison 2013 and % 10.1% 5.9% 6.8% 10.9% 9.0% 8.0% 8.0% Asia Pacific Europe Latin America U.S. & Canada 2013 Estimate 2014 Estimate 7
8 Investors Believe the Best Equity and Fixed Income Returns Will Be Found Abroad Most investors believe the best equity and fixed income returns can be found outside of their home countries this year. This awareness of global investing opportunities was evidenced in our 2013 survey, where we found that 66% of investors thought the best returns could be found somewhere other than their domestic market. This year, 68% of investors believe the best equity returns can be found abroad, with many (24%) favoring Asia. When considering the best fixed income opportunities, just 31% of investors believe the best returns will be achieved at home. Looking abroad, investors consider the U.S. and Canada and Asia as being among the best regions for fixed income investments in the year ahead. Best Equity Opportunities 6% 4% Home country 32% Western Europe 24% 32% Central and Eastern Europe 6% South and Central America 5% U.S. and Canada 15% Africa 2% 2% Asia (including India) 24% Middle East 6% 15% 5% 6% Australia/New Zealand 4% Best Fixed Income Opportunities 6% 6% Home country 31% Western Europe 10% 31% Central and Eastern Europe 1 South and Central America 5% U.S. and Canada 15% Africa 3% 3% Asia 1 15% 5% 10% Middle East 6% Australia/New Zealand 6% 8
9 Investors Most Concerned by Government Fiscal Issues in the U.S. and Europe When asked to select their top concerns about investing in the U.S. and Europe this year, most investors cited government fiscal issues as being among their top concerns. When considering Europe, investors selected the Eurozone debt crisis as their top concern, followed by slow economic outlook, general market volatility. When considering the U.S., investors selected large fiscal debt, followed by slow economic outlook and tapering of the Federal Reserve s bond-buying program (QE) as being their top concerns about investing in the States in Top Concerns About Investing in Europe Eurozone debt crisis Slow economic outlook General market volatility Unstable domestic political environment Low interest rates There are better opportunities elsewhere Inflation concerns Deflation concerns I have no concerns about investing in Europe 30% 12% 10% 35% 11% 34% 9% 2 26% 24% 4% 1 10% 62% 46% Ranked First Ranked Top Three Top Concerns About Investing in the U.S. 0% 20% 40% 60% 80% Large fiscal debt Slow economic outlook Tapering of the Federal Reserve`s bond buying program General market volatility Inflation concerns There are better opportunities elsewhere Unstable domestic political environment 11% 11% 10% 30% 40% 39% 36% 2 26% 24% 60% Ranked First Ranked Top Three I have no concerns about investing in U.S. 16% 0% 20% 40% 60% 80% 9
10 About the Survey The Franklin Templeton Global Investor Sentiment Survey, conducted by ORC International, included responses from 11,113 individuals in 22 countries: Brazil, Chile and Mexico in Latin America; Australia, China, Hong Kong, India, Japan, Malaysia, South Korea and Singapore in Asia; France, Germany, Italy, Poland, Spain, Sweden, Greece and the U.K. in Europe, South Africa, and the U.S. and Canada in North America. Survey respondents were between the ages of 25 and 65 in Latin America, South Africa and Asia and 25 and older in Europe, Canada and the U.S. Respondents were required to own investible assets such as stocks, bonds, mutual funds, etc. In addition, a minimum investable asset threshold was set for each country to ensure that the respondent had sufficient investments which would provide a knowledge base to answer the survey questions. Surveys were completed from January 2 to 15, 2014, in all countries. 10
11 Franklin Templeton Investments Gain from Our Perspective At Franklin Templeton Investments, we re dedicated to one goal: delivering exceptional asset management for our shareholders. By bringing together multiple, world-class investment teams in a single firm, we re able to offer specialized expertise across styles and asset classes, all supported by the strength and resources of one of the world s largest global money managers. This has made us a trusted partner to millions of investors and institutions across the globe. Unwavering Focus on Investment Excellence At the core of our firm you ll find eleven independent investment teams each with a focused area of expertise from traditional to alternative strategies and multi-asset solutions. And because our portfolio groups operate autonomously, their strategies can be combined to deliver true style and asset class diversification. All of our portfolio teams share a common commitment to excellence grounded in rigorous, fundamental research and robust, disciplined risk management. Decade after decade, our consistent, research-driven processes have helped Franklin Templeton earn an impressive record of strong, long-term results. Global Perspective Shaped by Local Insight In today s complex and interconnected world, smart investing demands a global perspective. Franklin Templeton pioneered international investing over sixty years ago, and our expertise in emerging markets spans more than a quarter of a century. Today, we have over 600 investment professionals on the ground in 25 countries, spotting investment ideas and potential risks firsthand. Across the globe, our locally-based portfolio teams bring in-depth understanding of local companies, economies and cultural nuances, and share their best thinking across our global research network. Strength and Experience Franklin Templeton is a global leader with over $886 billion in assets under management serving clients in over 150 countries 1. We run our business with the same prudence we apply to asset management, staying focused on delivering relevant investment solutions, strong long-term results and reliable, personal service. This valuesdriven approach, focused on putting clients first, has helped make Franklin Templeton among the most trusted names in financial services. 1. As of 3/31/13; investors represented by total number of shareholder accounts. 11
12 IMPORTANT LEGAL INFORMATION Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments. This material does not constitute investment advice or an invitation to apply for securities. Investors should seek professional financial advice and obtain a full explanation of any proposed investment before making a decision to invest. Investments involve risks including possible loss of principal. The value of investments can go down as well as up, and investors may not get back the full amount invested. Not all products or services may available in all jurisdictions. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in the fund adjust to a rise in interest rates, the fund s share price may decline. Investments in foreign securities involve certain risks including currency fluctuations, and economic and political uncertainties. Investments in emerging market countries involve heightened risks related to the same factors. Please consult with your financial advisor about the availability of services or products in your country Franklin Resources, Inc. All rights reserved. GISS B 12/13
Global Investor Sentiment Survey
2014 Global Investor Sentiment Survey K E Y I N S I G H T S About the Survey The Franklin Templeton Global Investor Sentiment Survey, conducted by ORC International, included responses from 11,113 individuals
More information2015 Global Investor Sentiment Survey KEY INSIGHTS & FINDINGS HONG KONG
KEY INSIGHTS & FINDINGS HONG KONG Hong Kong findings How are investors feeling about their financial prospects in today s complex, global economy? For the past five years, we ve fielded our Global Investor
More information2012 Global Investor Sentiment Survey Findings
The global economy is complex and ever evolving, which can be a source of optimism and anxiety for investors. The Franklin Templeton 2012 Global Investor Sentiment Survey has revealed that in the near
More informationFRANKLIN TEMPLETON INVESTMENTS. Franklin Resources, Inc. Bank of America Merrill Lynch Banking and Financial Services Conference November 18, 2010
Franklin Resources, Inc. Bank of America Merrill Lynch Banking and Financial Services Conference November 18, 2010 Forward-Looking Statements The financial results in this presentation are preliminary.
More informationFranklin Allocation Funds
Asset Allocation Franklin s A TARGETED APPROACH TO ASSET ALLOCATION Franklin Templeton Investments At Franklin Templeton Investments, we re dedicated to one goal: delivering exceptional asset management
More informationSIMPLICITY PRICING. Preferred pricing made easy
SIMPLICITY PRICING Preferred pricing made easy Simplicity is the ultimate form of sophistication. Leonardo da Vinci FINALLY... Getting more for less. It s what we all want. And while it may be possible
More informationREVOLUTIONIZE YOUR PORTFOLIO. Capitalizing on GL BAL. Trends
REVOLUTIONIZE YOUR PORTFOLIO Capitalizing on GL BAL Trends The World Is Changing In a complex world that is constantly evolving, we try to understand the forces of change and that our world will be very
More informationASSET ALLOCATION MADE EASY
ASSET ALLOCATION MADE EASY REACHING YOUR GOALS AT YOUR PACE Most people can rattle off their investment goals: retirement, college tuition, a new house. That s easy. What s harder is successfully reaching
More informationManpower Employment Outlook Survey
Manpower Employment Outlook Survey Global 4 215 Global Employment Outlook Nearly 59, employers across 42 countries and territories have been interviewed to measure anticipated labor market activity between
More informationFranklin U.S. Rising Dividends Fund DIVIDENDS AN INDICATOR OF GROWTH
Franklin U.S. Rising Dividends Fund DIVIDENDS AN INDICATOR OF GROWTH The Strategy A Disciplined Approach to Stock Selection Franklin U.S. Rising Dividends Fund invests in high-quality, U.S. companies with
More informationManpower Employment Outlook Survey Global
Manpower Employment Outlook Survey Global 3 216 Global Employment Outlook ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity in Quarter
More informationGlobal Consumer Confidence
Global Consumer Confidence The Conference Board Global Consumer Confidence Survey is conducted in collaboration with Nielsen 4TH QUARTER 2017 RESULTS CONTENTS Global Highlights Asia-Pacific Africa and
More informationGlobal Investment Trends Survey May A study into global investment trends and saver intentions in 2015
May 2015 A study into global investment trends and saver intentions in 2015 Global highlights Schroders at a glance Schroders at a glance At Schroders, asset management is our only business and our goals
More informationFranklin Bissett Canadian High Dividend Fund AN INCOME STREAM PLUS CAPITAL GROWTH
Franklin Bissett Canadian High Dividend Fund AN INCOME STREAM PLUS CAPITAL GROWTH Franklin Templeton Investments Gain From Our Perspective At Franklin Templeton Investments, we re dedicated to one goal:
More informationEXPERTLY DESIGNED. CONTINUALLY FINE-TUNED.
INVESTOR S GUIDE EXPERTLY DESIGNED. CONTINUALLY FINE-TUNED. Franklin LifeSmart Retirement Funds Each Franklin LifeSmart Retirement Target Fund is designed for investors expecting to retire around the target
More informationManpowerGroup Employment Outlook Survey Global
ManpowerGroup Employment Outlook Survey Global 1 19 ManpowerGroup interviewed over 6, employers across 44 countries and territories to forecast labor market activity* in January-March 19. All participants
More informationFranklin Tax-Free Income Funds
Tax-Free Income Franklin Tax-Free Income Funds INVEST WITH A TAX-FREE LEADER Franklin Templeton Investments Gain From Our Perspective At Franklin Templeton Investments, we re dedicated to one goal: delivering
More informationExchange Traded Funds (ETFs): The New Packaged Product of Choice
Financial Institutions Profiles Series Exchange Traded Funds (ETFs): The New Packaged Product of Choice (Table of Contents) April 20, 2017 TABLE OF CONTENTS Evolution of the Exchange Traded Funds (ETFs)
More informationFirst ever quarter with over 200m Gross Profit
11 July 2018 and H1 2018 Trading Update Steve Ingham Kelvin Stagg Chief Executive Officer Chief Financial Officer First ever quarter with over 200m Gross Profit LSE: PAGE.L Website: http://www.page.com/investors
More informationSan Francisco Retiree Health Care Trust Fund Education Materials on Public Equity
M E K E T A I N V E S T M E N T G R O U P 5796 ARMADA DRIVE SUITE 110 CARLSBAD CA 92008 760 795 3450 fax 760 795 3445 www.meketagroup.com The Global Equity Opportunity Set MSCI All Country World 1 Index
More informationForeign Direct Investment in the United States. Organization for International Investment
Foreign Direct Investment in the United States Organization for International Investment March 16, 2011 FOREIGN DIRECT INVESTMENT IN THE UNITED STATES Key Findings Foreign Direct Investment in the United
More informationForeign Direct Investment in the United States. Organization for International Investment
Foreign Direct Investment in the United States Organization for International Investment March 14, 2012 FOREIGN DIRECT INVESTMENT IN THE UNITED STATES Key Findings Foreign Direct Investment in the United
More informationGlobal Select International Select International Select Hedged Emerging Market Select
International Exchange Traded Fund (ETF) Managed Strategies ETFs provide investors a liquid, transparent, and low-cost avenue to equities around the world. Our research has shown that individual country
More informationINTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH 2012
INTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH 2012 12 April 2012 Financial summary Growth in net fees for the quarter ended 31 March 2012 (Q3) (versus the same period last year) Actual Growth LFL*
More informationFocus on: Hong Kong. International Business Report 2011 Economy focus series
Focus on: Hong Kong International Business Report 11 Economy focus series The recovery The economy rebounded strongly in, posting growth of 6.8 per cent as recovering global demand boosted exports. Prospects
More informationFranklin K2 Alternative Strategies Fund
Alternative FRANKLIN TEMPLETON INVESTMENT FUNDS Franklin K2 Alternative Strategies Fund A New Alternative for Today s Investor A New Alternative, a New Source of Returns Even with the subsequent recovery,
More informationManpower Employment Outlook Survey New Zealand
Manpower Employment Outlook Survey New Zealand 3 216 New Zealand Employment Outlook The Manpower Employment Outlook Survey for the third quarter 216 was conducted by interviewing a representative sample
More informationMulti-Asset. Franklin Income Fund A HISTORY OF INCOME AND GROWTH
Multi-Asset Franklin Income Fund A HISTORY OF INCOME AND GROWTH Not FDIC Insured May Lose Value No Bank Guarantee Why Franklin Income Fund? Key Reasons to Invest Whether you re saving for retirement or
More informationManpowerGroup Employment Outlook Survey Finland
ManpowerGroup Employment Outlook Survey Finland 4 217 The ManpowerGroup Employment Outlook Survey for the fourth quarter 217 was conducted by interviewing a representative sample of 625 employers in Finland.
More informationGlobal Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017
Global Construction 2030 Expo EDIFICA 2017 Santiago Chile 4-6 October 2017 Graham Robinson Global Construction Perspectives Global Construction 2030 is the fourth in a series of global studies of the construction
More informationDespite global headwinds, U.S. companies see opportunities abroad
International Business Indicator Despite global headwinds, U.S. companies see opportunities abroad April 2016 65 About the Wells Fargo International Business Indicator The Wells Fargo International Business
More informationForeign Direct Investment in the United States 2013 Preliminary Data. Organization for International Investment (OFII)
Foreign Direct Investment in the United States 2013 Preliminary Data Organization for International Investment (OFII) Key Findings: Foreign Direct Investment in the United States, 2003-2013 1 Foreign direct
More informationManpower Employment Outlook Survey South Africa
Manpower Employment Outlook Survey South Africa 3 216 South Africa Employment Outlook The Manpower Employment Outlook Survey for the third quarter 216 was conducted by interviewing a representative sample
More informationManpowerGroup Employment Outlook Survey Singapore
ManpowerGroup Employment Outlook Survey Singapore 1 218 ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity* in 1Q 218. All participants
More informationWhat Matters Most. The Case for Active. Risk Management
What Matters Most The Case for Active Risk Management Investors Know Their Priorities The first priority is usually I don t want to lose my money. This would probably explain why risk management featured
More informationManpowerGroup Employment Outlook Survey Global
ManpowerGroup Employment Outlook Survey Global 1 218 ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity in Quarter 1 218. All participants
More informationPortfolio Strategist Update from BlackRock Active Opportunity ETF Portfolios
Portfolio Strategist Update from BlackRock Active Opportunity ETF Portfolios As of Sept. 30, 2017 Ameriprise Financial Services, Inc., ("Ameriprise Financial") is the investment manager for Active Opportunity
More informationAnother quarter of double digit growth
11 April 2018 2018 Trading Update Steve Ingham Kelvin Stagg Chief Executive Officer Chief Financial Officer Another quarter of double digit growth LSE: PAGE.L Website: http://www.page.com/investors Headline
More informationCEOs Less Optimistic about Global Economy for 2015
Press Release Date 22 January 2014 Contact Vu Thi Thu Nguyet Tel: (04) 3946 2246, Ext. 4690; Mobile: 0947 093 998 E-mail: vu.thi.thu.nguyet@vn.pwc.com Pages 6 CEOs Less Optimistic about Global Economy
More informationManpowerGroup Employment Outlook Survey Netherlands
ManpowerGroup Employment Outlook Survey Netherlands 1 218 The ManpowerGroup Employment Outlook Survey for the first quarter 218 was conducted by interviewing a representative sample of 754 employers in
More informationIMF-BAFT Trade Finance Survey
IMF-BAFT Trade Finance Survey A Survey Among Banks Assessing the Current Trade Finance Environment Study Overview & Methodology There is general agreement that the ongoing global financial crisis has produced
More informationManpowerGroup Employment Outlook Survey Finland
ManpowerGroup Employment Outlook Survey Finland 4 18 The ManpowerGroup Employment Outlook Survey for the fourth quarter 18 was conducted by interviewing a representative sample of 625 employers in Finland.
More informationEconomic Outlook Spring 2014
Economic Outlook Spring 2014 Accelerating Economic Growth Ahead FROM ANTHONY CHAN, PHD, CHIEF ECONOMIST FOR CHASE Summary After a strong 2013 finish with U.S. and European stock markets posting double-digit
More informationManpowerGroup Employment Outlook Survey Netherlands
ManpowerGroup Employment Outlook Survey Netherlands 4 218 The ManpowerGroup Employment Outlook Survey for the fourth quarter 218 was conducted by interviewing a representative sample of 75 employers in
More informationManpowerGroup Employment Outlook Survey UK
ManpowerGroup Employment Outlook Survey UK 218 United Kingdom Employment Outlook The ManpowerGroup Employment Outlook Survey for the fourth quarter 218 was conducted by interviewing a representative sample
More informationTempleton Global Bond Fund
Fixed Income Templeton Global Bond Fund TAP INTO A WORLD OF OPPORTUNITY FRANKLIN TEMPLETON INVESTMENTS At Franklin Templeton Investments, we re dedicated to one goal: delivering exceptional asset management
More informationBank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets
Bank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for, and Amounts Outstanding as at June 30, March, 2005 Turnover data for, Table
More informationINVEST WITH A GLOBAL LEADER
INVEST WITH A GLOBAL LEADER Since 1947, our firm has been dedicated to delivering exceptional asset management for our institutional, retail, and high-net-worth clients. By bringing together multiple,
More informationBull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.
Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. Sir John Templeton, Templeton Funds Founder and Former Chairman The pullback of the stock market in 2008
More informationFreedom Quarterly Market Commentary // 2Q 2018
ASSET MANAGEMENT SERVICES Freedom Quarterly Market Commentary // 2Q 2018 SECOND QUARTER HIGHLIGHTS U.S. economic growth and earnings lead the world The value of the dollar rises, affecting currency exchange
More informationManpowerGroup Employment Outlook Survey Hong Kong
ManpowerGroup Employment Outlook Survey Hong Kong 4 18 Hong Kong Employment Outlook The ManpowerGroup Employment Outlook Survey for the fourth quarter 18 was conducted by interviewing a representative
More informationINTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH April 2015
- INTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH 2015 10 April 2015 Financial summary Growth in net fees for the quarter ended 31 March 2015 (Q3 FY15) (versus the same period last year) Growth Actual
More informationManpowerGroup Employment Outlook Survey Sweden
ManpowerGroup Employment Outlook Survey Sweden 4 218 Sweden Employment Outlook The ManpowerGroup Employment Outlook Survey for the fourth quarter 218 was conducted by interviewing a representative sample
More informationHewitt Associates LLC November Charting the Course for Economic Recovery 2010 Global Salary Planning
Hewitt Associates LLC November 2009 Charting the Course for Economic Recovery 2010 Global Salary Planning About This Material This material provides final salary increase budgets for 2009 and 2010 projected.
More informationIOOF. International Equities Portfolio NZD. Quarterly update
IOOF NZD Quarterly update For the period ended 30 September 2018 Contents Overview 2 Portfolio at glance 3 Performance 4 Asset allocation 6 Overview At IOOF, we have been helping Australians secure their
More informationManpowerGroup Employment Outlook Survey New Zealand
ManpowerGroup Employment Outlook Survey New Zealand 1 218 New Zealand Employment Outlook The ManpowerGroup Employment Outlook Survey for the first quarter 218 was conducted by interviewing a representative
More informationCapital Confidence Barometer
Financial Services Capital Confidence Barometer April 2014 ey.com/ccb Measured approach to growth M&A Focus on quality over quantity Economic outlook Moving beyond a recovery mindset, anticipating future
More informationWhat Are Consumer and Investor Confidence Signaling?
Veronica Willis Investment Strategy Analyst WEEKLY GUIDANCE ON ECONOMIC AND GEOPOLITICAL EVENTS What Are Consumer and Investor Confidence Signaling? September 19, 2017 Key Takeaways» Consumer and investor
More information2018 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive summary
2018 Global Survey of Accounting Assumptions for Defined Benefit Plans Executive summary Executive summary In broad terms, accounting standards aim to enable employers to approximate the cost of an employee
More informationFranklin Templeton Investments Our Global Perspective
Greg Johnson Chief Executive Officer Franklin Resources, Inc. Franklin Templeton Investments Our Global Perspective Dealer Use Only / Not for Distribution to the Public World-Class Investment Management
More informationGlobal Aging and Retirement Security in Emerging Markets:
Global Aging and Retirement Security in Emerging Markets: Reassessing the Role of Funded Pensions Richard Jackson President Global Aging Institute August 12, 2015 AMCHAM Chile Santiago, Chile The world
More informationInvestor s Guide INCOME FOR WHAT S NEXT
Investor s Guide INCOME FOR WHAT S NEXT 45% are concerned about managing their retirement income to meet their retirement expenses. 1 INCOME FOR WHAT S NEXT How will I pay for my retirement? If you find
More informationFranklin Templeton 403(b) Plan EMPLOYEE S GUIDE
Franklin Templeton 403(b) Plan EMPLOYEE S GUIDE Franklin Templeton 403(b) Plan Roadmap to Retirement As an employee of a public school, church, hospital or other non-profit organization, 1 you have a unique
More informationQUARTERLY UPDATE FOR THE THREE MONTHS ENDED 31 MARCH 2017
QUARTERLY UPDATE FOR THE THREE MONTHS ENDED 31 MARCH 2017 13 April 2017 Financial summary Growth in net fees for the quarter ended 31 March 2017 (Q3 FY17) (versus the same period last year) Growth Actual
More informationManpowerGroup Employment Outlook Survey Finland
ManpowerGroup Employment Outlook Survey Finland 1 217 The ManpowerGroup Employment Outlook Survey for the first quarter 217 was conducted by interviewing a representative sample of 62 employers in Finland.
More informationA CASE FOR GLOBAL LISTED REAL ESTATE SECURITIES IN A MIXED ASSET PORTFOLIO
A CASE FOR GLOBAL LISTED REAL ESTATE SECURITIES IN A MIXED ASSET PORTFOLIO MAY 2015 EXECUTIVE SUMMARY Access to Growing Global Markets The number of listed real estate companies world-wide continues to
More informationBank of Canada Triennial Central Bank Surveys of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for April, 2007 and Amounts
Bank of Canada Triennial Central Bank Surveys of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for April, 2007 and Amounts Outstanding as at June 30, 2007 January 4, 2008 Table
More informationFranklin Fund Allocator Series
Annual Report and Shareholder Letter December 31, 2017 Franklin Fund Allocator Series Franklin Conservative Franklin Moderate Franklin Growth Sign up for electronic delivery at franklintempleton.com/edelivery
More informationManpowerGroup Employment Outlook Survey Sweden
ManpowerGroup Employment Outlook Survey Sweden 1 219 Sweden Employment Outlook The ManpowerGroup Employment Outlook Survey for the first quarter 219 was conducted by interviewing a representative sample
More informationGlobal Economy is Expected to Grow by 3.4 % in 2016 GDP growth in 2016, %
Russia Brazil Mexico Rest of Latin America Rest of Eastern Europe Middle East and Africa Global Economy is Expected to Grow by 3.4 % in 216 GDP growth in 216, % 9 8 7 6 5 4 3 2 1-1 -2-3 -4 North America
More informationGlobal Expansion Meets Domestic and International Challenges
Global Expansion Meets Domestic and International Challenges Global Expansion Meets Domestic and International Challenges To understand the relative confidence around international expansion among U.S.
More informationFEES SCHEDULE (COPPER / GOLD)
FEES SCHEDULE (COPPER / GOLD) Applicable from April 208 excluding discretionary management agreement and investment advisory agreement CBP Quilvest LU EN Fees Schedule Excluding Management April 208 /5
More informationManpowerGroup Employment Outlook Survey Australia
ManpowerGroup Employment Outlook Survey Australia 4 218 The ManpowerGroup Employment Outlook Survey for the fourth quarter 218 was conducted by interviewing a representative sample of 1,515 employers in
More information2013 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive Summary
2013 Global Survey of Accounting Assumptions for Defined Benefit Plans Executive Summary Executive Summary In broad terms, accounting standards aim to enable employers to approximate the cost of an employee
More informationFranklin Founding Funds Strategy
Franklin Founding Funds Strategy Franklin Templeton Investments At Franklin Templeton Investments, we re dedicated to one goal: delivering exceptional asset management for our clients. By bringing together
More informationTempleton Growth Fund, Ltd.
Templeton Growth Fund, Ltd. A PIONEER IN GLOBAL INVESTING Since 1954 FRANKLIN TEMPLETON INVESTMENTS Gain From Our Perspective At Franklin Templeton Investments, we re dedicated to one goal: delivering
More informationFEES SCHEDULE (SILVER/PLATINUM)
FEES SCHEDULE (SILVER/PLATINUM) Applicable from April 208 under an Investment Advisory Agreement CBP Quilvest LU EN Investment Advisory Fees Schedule April 208 /5 ADVISORY MANAGEMENT, CUSTODY FEES AND
More information2018 CAPITAL GAINS DISTRIBUTION ESTIMATES
2018 CAPITAL GAINS DISTRIBUTION ESTIMATES Estimated amounts of upcoming capital gain distributions are shown below. Estimated distributions can change prior to the record date depending on current market
More informationINTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH April 2013
- INTERIM MANAGEMENT STATEMENT QUARTER ENDED 31 MARCH 2013 11 April 2013 Financial summary Growth in net fees for the quarter ended 31 March 2013 (Q3 FY13) (versus the same period last year) Growth Actual
More informationCOUNTRY COST INDEX JUNE 2013
COUNTRY COST INDEX JUNE 2013 June 2013 Kissell Research Group, LLC 1010 Northern Blvd., Suite 208 Great Neck, NY 11021 www.kissellresearch.com Kissell Research Group Country Cost Index - June 2013 2 Executive
More informationManpowerGroup Employment Outlook Survey Hong Kong
ManpowerGroup Employment Outlook Survey Hong Kong 1 219 The ManpowerGroup Employment Outlook Survey for the first quarter 219 was conducted by interviewing a representative sample of 652 employers in Hong
More informationManpowerGroup Employment Outlook Survey Australia
ManpowerGroup Employment Outlook Survey Australia 1 19 The ManpowerGroup Employment Outlook Survey for the first quarter 19 was conducted by interviewing a representative sample of 1,5 employers in Australia.
More informationSPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS
SPANISH EXTERNAL SECTOR AND COMPETITIVENESS: SOME HIGHLIGHTS Summary Spain has significantly increased its trade openness in the last two decades Despite the global crisis and increased competition from
More informationAllianz Global Corporate & Specialty
Allianz Global Corporate & Specialty Company presentation January 2012 Allianz An Introduction Allianz Group is one of the world s leading insurers and financial services providers Founded in 1890 in Berlin,
More informationSECOND QUARTER AND FIRST HALF 2014 TRADING UPDATE. Growth in all regions in constant currencies
15 July 2014 SECOND QUARTER AND FIRST HALF 2014 TRADING UPDATE Highlights* Growth in all regions in constant currencies Q2 Group gross profit growth of 8.9% to 137.2m All four regions delivered year-on-year
More informationFinancial wealth of private households worldwide
Economic Research Financial wealth of private households worldwide Munich, October 217 Recovery in turbulent times Assets and liabilities of private households worldwide in EUR trillion and annualrate
More informationEconomic Update. Port Finance Seminar. Paul Bingham. Global Insight, Inc. Copyright 2006 Global Insight, Inc.
Economic Update Copyright 26 Global Insight, Inc. Port Finance Seminar Paul Bingham Global Insight, Inc. Baltimore, MD May 16, 26 The World Economy: Is the Risk of a Boom-Bust Rising? As the U.S. Economy
More informationManpowerGroup Employment Outlook Survey Czech Republic
ManpowerGroup Employment Outlook Survey Czech Republic 3 217 Czech Republic Employment Outlook The ManpowerGroup Employment Outlook Survey for the third quarter 217 was conducted by interviewing a representative
More information1 Edelman, All rights reserved. EDELMAN TRUST BAROMETER APAC RESULTS
1 Edelman, 2012. All rights reserved. 2012 EDELMAN TRUST BAROMETER APAC RESULTS 2012 Edelman Trust Barometer Asia Pacific Findings METHODOLOGY OVERVIEW Twelfth annual study GENERAL PUBLIC INFORMED PUBLIC
More information!!!1!!!!!!!!!!!!!!!!!!!!!!!!!!!!! The Association of Real Estate Funds & Property Funds Research
1 The Association of Real Estate Funds & Property Funds Research Global Real Estate Funds Review H1 216 Contents CONTENTS 2 EXECUTIVE SUMMARY 3 UNLISTED FUND UNIVERSE: OVERVIEW (EX FOF) 6 UNLISTED FUNDS
More informationGLOBAL ENTERPRISE SURVEY REPORT 2009 PROVIDING A UNIQUE PICTURE OF THE OPPORTUNITIES AND CHALLENGES FACING BUSINESSES ACROSS THE GLOBE
GLOBAL ENTERPRISE SURVEY REPORT 2009 PROVIDING A UNIQUE PICTURE OF THE OPPORTUNITIES AND CHALLENGES FACING BUSINESSES ACROSS THE GLOBE WELCOME TO THE 2009 GLOBAL ENTERPRISE SURVEY REPORT The ICAEW annual
More informationGlobal Aging and Financial Markets
Global Aging and Financial Markets Overview Presentation by Richard Jackson CSIS Global Aging Initiative MA s 16th Annual Washington Policy Seminar Cosponsored by Macroeconomic Advisers, LLC Council on
More informationUlster Bank Northern Ireland Purchasing Managers Index (PMI)
Ulster Bank Northern Ireland Purchasing Managers Index (PMI) Includes analysis of Global, Eurozone, UK, UK Regions, NI & Republic of Ireland economic performance by sector February 2016 Survey Update Issued
More informationDFA Global Equity Portfolio (Class F) Quarterly Performance Report Q2 2014
DFA Global Equity Portfolio (Class F) Quarterly Performance Report Q2 2014 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds.
More information2017 Global Trends in Investor Relations
0 2017 Global Trends in Investor Relations Primacy of Geopolitical Risk Geopolitical risk is still the number one concern for companies globally. Concern is increasing regarding the impact of emerging
More informationEconomic Outlook January, 2012
Economic Outlook January, 2012 Summary Global economy Low global growth scenario, tail risks have become smaller. Risks (Debt Ceiling, elections in Italy, growth in Europe). Brazil Activity shows signs
More informationISA RESEARCH BRIEFING
ISA RESEARCH BRIEFING The Leading Growth Markets for Exporters July 31, 2018 Without a doubt, these are worrying days for exporters. Whether it is a business that is counting on export markets for much
More informationDFA Global Equity Portfolio (Class F) Performance Report Q2 2017
DFA Global Equity Portfolio (Class F) Performance Report Q2 2017 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation
More informationDFA Global Equity Portfolio (Class F) Performance Report Q3 2018
DFA Global Equity Portfolio (Class F) Performance Report Q3 2018 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation
More informationDFA Global Equity Portfolio (Class F) Performance Report Q4 2017
DFA Global Equity Portfolio (Class F) Performance Report Q4 2017 This presentation has been prepared by Dimensional Fund Advisors Canada ULC ( DFA Canada ), manager of the Dimensional Funds. This presentation
More information