Advisers note extant bearish sentiment among tense clients

Schroders says clients more bearish now than May 2023

Sahar Nazir
clock • 1 min read

Advisers’ clients are more bearish than they were back in May 2023, with 51% now considered ‘slightly bearish’ and 10% ‘very bearish’, according to Schroders. UK Adviser Survey 2023.

The survey was conducted among 254 advisers between 20 October and 6 November 2023. The proportion of clients of the 254 advisers surveyed for the Schroders' UK Financial Adviser Pulse Survey 2023 that are bullish remains low at 17%. This is the highest level of bullishness reported since November 2021. "Markets have blown hot and cold in recent months. While evidence of resilient global growth has fuelled hopes of a soft landing, global equity markets fell in October amid worries that US interest rates may remain higher for longer given still strong inflation," Schroders said. "Th...

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