More advisors expect downturn

Canada’s financial advisors’ expectations of an economic downturn have more than doubled from 8% to 18% since June of 2012, according to recent research from the Advisor Sentiment Index released today by Sun Life Global Investments.

The survey, conducted by Ipsos Reid between November 18 and­ December 10, 2012, measures Canada’s financial advisors’ sentiments on capital markets and key economic factors.

Other results of the poll include:

• 70% of advisors are optimistic on the S&P 500
• 65% of advisors are bullish on the Dow Jones Industrial Average
• 59% of advisors reporting optimism towards Canadian stocks (S&P/TSX)
• 62% of advisors are bullish on Emerging Markets
• 31% of advisors are bullish on the Eurozone

See the full report here.

Also read:

CFOs more optimistic: survey

Survey shows Canadians confident in advisors

CFA releases global sentiment survey

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.