Advisers predict business volumes will still be in the red in 12 months' time, a FundsNetwork study suggests.
According to the platform's first Adviser Sentiment Index (ASI), respondents expect levels to markedly improve in 2009 but claim the latest round of economic turmoil will keep volumes in the negative. Conversely, advisers asked the same questions three months ago said business levels would move into the black by September 2009. "The first findings reveal an interesting snapshot of how the credit crunch and current economic situation in the UK may or may not be affecting advisers," David Dalton-Brown, head of FundsNetwork says. "Part of the analysis was completed before the recent mark...
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