Investors turn more positive on economy - UBS survey

Return to normality not expected until after July

Investors do not expect a return to normality for at least six months, despite growing optimism on the outlook for the global economy, research from UBS has found.

Almost two-thirds (63%) of respondents to UBS's investor sentiment survey said they did not think life would return to 'normal' in the next six months, though three-fifths (60%) of the 4,000 investors and business owners polled across 14 countries between December and January had a positive economic outlook over the next 12 months, up from 55% three months earlier. Further, 61% of investors said they were optimistic on the outlook for the stockmarket over the next six months, with three-quarters expecting a rally on positive vaccine progress and two-thirds thanks to the impact of the US ...