US investment managers optimistic: SEI
Business optimism among US investment managers is high, a poll by SEI has suggested.
The poll, which was completed by C-level and senior executives across management operations, distribution, and investment professions at a US event for the Schroder’s investment manager clients, found that 78% of respondents to the survey, conducted, were optimistic about their firms’ business prospects over the next three years,
86% believed investor confidence levels are higher today than in the aftermath of the financial crisis. However, 36% saw economic uncertainty as the most significant challenge the industry faces over the next 12-18 months, followed by geopolitical uncertainty (30%), and regulatory requirements (22%).
Ross Ellis, managing director of Knowledge Partnership for SEI said: “While the markets remain somewhat volatile, managers are seeing investor confidence grow, which gives them greater business optimism and that leads to more business investment.”