From: “China Securities News”
Compiler: Fund China

Despite the recent trend was wide oscillation, but fund managers generally optimistic outlook. half of the fund managers believe that the future stock market will rise substantially. Financial and real estate continue to be governed by the fund managers favored by the energy industry were cold-shouldered.

Today, investment fund managers in July survey, 77% of fund managers think that the current stock market is still in the medium-term bull market, Only 4% of the respondents think that at the end of bull market. Fund managers in the coming 12 months the market has done very optimistic, 88% of the respondents think that the stock market will rise choose to significantly increase the number of 50%, only 3% of the fund managers think that the market may decline slightly, Nobody will judge the market shrank.

All respondents are expected in December yuan revaluation within the margin of more than 5% over the previous survey period rose 11%. 90% of respondents believe that the coming year will be an increase in interest rates of 50 basis points above But that interest rate increases will be more than 100 basis points from the previous ratio of 19% to the current 10%. Fund managers expect inflation to remain high. 91% of the respondents think that 12 months after the domestic CPI will rise, and But this proportion is slightly lower than May survey two percentage points.

65% of fund managers believe that the existing monetary policy to apply the proper amount of 30% that the economic stimulus too strong, Only 5% of the respondents think that the current tight monetary policy.

Fund managers of listed company’s profit for cautious optimism. 48% of the respondents expect the second half of a listed company profits will exceed the first half, that the second half profit will show a decline of 25% accounted for.

In the future market situation is optimistic about the support, fund manager of the next 12 months is expected to significantly enhance earnings. Expected rate of return on investment in 20% of the total number of 76%. which 41% of the respondents think that will yield more than 30% May than a similar survey data rose by 5 percentage points and 20 percentage points. Group-buying institutional investors and Ouyang reduction will continue to weaken.

Financial and real estate for two fund managers to be the most favored by industry segment. The next six months, 68% and 62% of the fund managers believe that the financial and daily consumer stocks will exceed the large, respectively from the previous 18 and 23 percentage points.

Preferences from the style point of view, the choice of large blue-chip fund managers continue to rise slightly, accounting for the number of investigations was 29%. Medium market value of merit selection of the number of shares accounted for 31%, with the same period.

Copyright Fund China 2008.

You Might Like: