Multi-asset teams quarterly sentiment indicator: 'Struggling for positivity' in Q4

Scopic Quarterly Sentiment Indicator

Scopic Research regularly monitors multi-asset teams' sentiments towards prospects for different growth, defensive, and diversifying-type assets on a 12-month view. Investment Week has joined with Scopic to share the results in a new quarterly article. Here, Paul Ilott, managing director of Scopic Research, summarises the findings for this quarter.

The headwinds facing the global economy have worsened and multi-asset teams are struggling for positivity in markets that are being heavily influenced by the expectations for interest rates and the likely actions of central banks. The outlook is cautious for most risk assets.  Positive sentiment towards UK equities, cash, gold, and hedge / absolute return. Positive sentiment is in very short supply - especially across equities and other growth assets. The higher yields now available from other asset classes such as government bonds when compared to a few months ago and a d...