Eight out of ten IFAs reckon the UK stockmarket will be at a higher level in six months time ac...
Eight out of ten IFAs reckon the UK stockmarket will be at a higher level in six months time according to a JPMorgan Fleming Asset Management survey, which involved 88 advisors. This confidence was mirrored, although to a lesser extent, by private investors. The JPM confidence index increased for the fifth consecutive month in January from a low of 42 in August 2001 to 83. The survey comprises of a randomly selected sample of 500 private investors. The survey revealed private investors expecting the UK Stock Market to be higher in six months time has risen from 30% to 39% in Jan...
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