Three of four institutional money managers used by Northern Trust Global Advisors expect global growth to accelerate or stay the same in the next six months, according to NTGA’s third-quarter survey, up from 63% three months earlier.
Additionally, 67% of the 83 institutional investment managers surveyed expect the unemployment rate to decrease over the next six months.
Eight percent of those surveyed said they were more risk-averse than three months ago, down from 31% in the second quarter.
Expectations of volatility were mixed, with 46% believing it could increase over the next six months, 45% saying it will remain stable, and 9% expecting it to decrease.
