Your Basket
Your Basket
There are no funds in your basket. To add funds to your basket use the Green Plus Icon wherever you see it next to a fund.
Fund name
Aberdeen American Growth  
Fidelity American  
Schroder UK Mid 250  
M&G Recovery  
Jupiter Merlin UK Growth  
Close Basket Open basket

Login

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
You are here: Announcement

W-shaped recovery expected in 2010 says IFAs

By Lora Coventry
Thursday March 18, 2010 at 02:30

The study says 25 per cent of IFAs expect wide fluctuations in stock market prices, with a further 24 per cent expecting equity prices to stagnate, hovering between 5,000 - 5,500 points throughout this year.

While the majority of IFAs seem pessimistic about strong stock market growth, around one in five (22 per cent) take a more optimistic view, believing the FTSE index of leading shares will rise to between 6,000 - 7,000 points by the end of 2010.

Just four per cent of IFAs expect to see equity values fall in 2010.

The findings highlight ongoing caution regarding the UK's economic recovery, with official figures released in January showing 0.1 per cent GDP growth in the fourth-quarter.


 
 
Poll

At what age do you expect to be able to retire/were able to retire?

Younger than 60

60 to 70

Older than 70

Never

Vote

 
 
  • Stay connected with FE trustnet
  • Authorised and Regulated by the
    Financial Conduct Authority
  • © Trustnet Limited . All Rights Reserved.
  • Please read our Terms of Use / Disclaimer
    and Privacy and Cookie Policy.
  • Data supplied in conjunction with Thomson Financial Limited,
    London Stock Exchange Plc, StructuredRetailProducts.com
    and ManorPark.com