A survey of Australians who manage their own super indicates the demand for offshore assets is rising.
Investment Trends’ Certitude Global Investing Intentions Index rose 3 per cent to 182 in January. The result signals the strongest demand for international assets since the monthly online survey began.
International equities remained the most popular offshore asset.
Of the 800 investors surveyed, 25 per cent planned to increase their exposure to international shares within the next month. This is the highest proportion since September 2011. When asked their intentions for the next 3 months those planning on increasing their international exposures increases to 47 per cent.
Why am I not surprised that everyone wants international equities? Because some international share markets had a 50% return last year. If you invest now you’ve already missed out.
The key message
The statistics aren’t that important. What is important is the underlying message. The message is to be disciplined. Keep investing into a diversified portfolio even when things aren’t going so well. Not straight after a stellar year!
Bye for now
General Advice disclaimer – Any advice contained in this webpage is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Financial Services & Credit Guide v10.12d to find out more about our financial advice services
Source: The Australian Financial Review 12 February 2014 Sally Rose