Offshore advisers feel more confidence in the shape of their local economies than in the global economy.
These latest confidence levels and responses are the findings of Skandia International’s survey of some 300 advisers based around the world. The latest Offshore Adviser Confidence Barometer measured confidence levels in advisers’ local economies, which achieved a score of 6.2 compared with the outlook for the global economy which achieved 5.4 on a scale of 1-10 (10 being the highest degree of confidence). The Barometer also shows that a third of offshore advisers fear global contagion to be the greatest economic threat to their local regions, whilst nearly a quarter feel rising inflat...
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