The U.S. equity market is expected to produce the best investment opportunity in 2015, with 33% of respondents to a CFA Institute survey citing the country as the standout performer.
The survey marks the third consecutive year in which the U.S. equity market was viewed as the best investment opportunity. For 2014, 26% of respondents singled out the U.S. for future performance, and 32% in 2013.
The U.S. was followed by India and China’s equity markets, with 9% of 5,000 CFA members opting for each country. China fell from 10% in 2014, and 17% in 2013. India, however, has been increasingly viewed as more positive, up from 3% of respondents citing it as the best investment opportunity in 2014, and 4% in 2013.
On average, respondents expect the global economy to grow 2% this year. The U.S., they said, is set for 2.2% growth, China is expected to achieve 6.18% GDP growth, and the U.K. is expected to grow 1.75%.
Despite the forecast of positive growth, 57% respondents expect to see a negative impact on local markets due to the winding down of quantitative easing by global central banks. That was, however, a fall from 68% last year.
