The global market volatility notwithstanding, investment advisers are confident of good performance in equities and consider European markets except the UK to perform the best in short-term, while in the long- term, Asia-Pacific minus Japan is expected to take over.
In the Adviser Fund Index prepared by
Financial Express, 43.8 per cent of investment advisers representing more than 40 billion pounds of investor assets under management chose Europe excluding UK as the best equity performer in next 12 months, followed by Asia-Pacific region.
Global emerging markets like India were expected to perform worst by 56.3 per cent respondents.
However, in the next five years, the Asia-Pacific was expected to take over in terms of equity market performance with 50 per cent of the respondents vouching for
it. The European markets excluding UK got favour from just 6.3 per cent.