India Continues To Lead The Region And Manages To Sustain Very Optimistic Sentiment; But Investor Sentiment Depressed By High Inflation Rate Press Release,Media News
What we are about? PR4india - Provides free online news and press release distribution service in India with industry standards, newswire, detailed reporting, public relations.
Latest Press Release
Recently Published | This Week | Most Popular | Rss Feed
India Continues To Lead The Region And Manages To Sustain Very Optimistic Sentiment; But Investor Sentiment Depressed By High Inflation Rate
Posted: August 16, 2011    Send email
Key Highlights of the ING Investor Dashboard Survey

    * India continues to lead the Pan-Asia (ex-Japan) region and manages to sustain in the very optimistic zone with the India Investor Sentiment Index lowering 11 points to 161 in Q2 2011 compared to the same period last year.
    * Looking ahead at the next three months, India investors have somewhat lower expectations going into 2011 than they did in the previous quarters with regard to return on investment, economic situation, personal and household finance situation
    * Risk appetite declines as return on investment decreases in Q2 2011 and investors begin to favour low risk investments

ING Investment Management India, today released data from the Investor Dashboard Survey for Q2 2011 indicating that amongst the ten Asia Pacific markets included in the survey, India at 161 (a 11 point decrease from Q2 2010) continues to be in the very optimistic zone for the 2nd consecutive quarter in 2011.

The overall pan-Asia (ex-Japan) ING Investor Dashboard Sentiment Index declined 5% to 130 for Q2 2011 from 136 for Q2 2010 with continued signs of a slowdown in the U.S. economy, uncertainty of the Euro zone debt crisis, rating downgrade of USA and threats of a global currency war. Investor confidence continues to remain in the optimistic territory for the quarter.

The Pan-Asia (ex-Japan) ING Investor Sentiment Index softens this quarter, but still retains its position in the optimistic zone for the seventh consecutive quarter. With a sharp decrease, both Hong Kong and Korea sentiments fell below the Pan-Asia Index and now sits in the neutral zone, along with Japan.

India investors confidence is driven by Indias sustained domestic growth momentum. During the second quarter of FY 2011-12, key consumption sectors have continued to show robust growth while investment demand has stalled a bit due to policy & procedural delays. However, recent indicators point to earnestness from the government to step up the pedal and this should augur well for a pickup in investment demand. India will continue to be an attractive investment destination in the medium to long term horizon said Mr. Navin Suri, Managing Director & Chief Executive Officer of ING Investment Management India.

India investors remain to be the more optimistic market in the region. However, the high inflation rate in the country continued to hurt the economy. There is a decrease in sentiments, especially in terms of past 3 months economic indicators - Economic situation, return on investments, personal and household financial situations

Asia investors (ex-Japan) are positive about their local economies despite remaining cautious of economic recovery in the U.S. Indicating similar sentiments, India investors show steady faith in the improvement of the local economy, notwithstanding the fact that investors have concerns over smelting of US rating and chronic Euro zone crisis.

In addition, concerns about the impact of the Euro zone debt crisis looms large on the horizon as investors across Asia, are optimistic that a double-dip recession is unlikely and Asian markets are possibly decoupling from the global markets.

Investors in India are expecting revival of growth momentum going through 2011, and looking back, have a positive view of how they fared financially, which may largely be a result of the Sensex 30 Indexs stable journey over last several quarters.

However, in Q2 2011 their expectations for the quarter ahead are somewhat lower as they fear of factors such as increasing inflationary pressure in the economy, falling of investment quantum and concerns that interest rates will rise further.

Outlook on the stock market remains cautious while overall investment risk fears growing.

India investors who expect the stock market to rise believe it will be at an average rate and well above the Pan Asia (ex-Japan) average.

Investors continue to hold on to cash, property, equity and gold

India investors feel an increasing need to re-allocate their current investment portfolio in order to beat inflation. In Q2 2011, India investors echoed the sentiments of pan-Asia (ex-Japan) investors by continuing to hold on to gold, cash, mutual funds, stocks and properties.

Notes to Editor

About the ING Investor Dashboard

Published for over three years ING Investor Dashboard measures and tracks investor sentiment behaviour of mass affluent investors across 11 markets in Asia Pacific including China, Hong Kong, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand and Japan.

While the survey was conducted across 11 markets in Asia Pacific, the pan-Asia investor sentiment index excludes Japan.

The Q2 2011 survey was conducted in June 2011 and involved online interviews with a total of 3,598 mass affluent investors across the 11 Asia Pacific markets. The respondents are aged 30 years and above, and have disposable assets or investments of US$100,000 or above, with the exception of Indonesia (disposable assets or investments of US$60,000 and above) and the Philippines (disposable assets or investments of US$60,000 or monthly income of Php200, 000 and above).

The survey is conducted by international and independent research firm The Nielsen Company and is tracked extensively by major financial and business media organisations across all 11 markets in Asia.

About ING Investment Management

ING Investment Management (ING IM) manages approximately USD 472.5 bln* of assets for institutions and individual investors worldwide. Employing over 3,200 people, ING IM is active in 33 countries across the Americas, Asia-Pacific, Europe and the Middle East. ING IM is a business line of ING Insurance, owned by ING Group, a global financial services company.

ING IM applies its proprietary research and analysis, global resources and risk management to offer a wide variety of strategies, investment vehicles and advisory services in all major asset classes and investment styles.

*Figures as of 30 June 2011.

AuM 2011 figures exclude ING Latin America, following the announced sale of these businesses on 25 July 2011.

About Nielsen

Nielsen Holdings N.V. (NYSE: NLSN) is a global information and measurement company with leading market positions in marketing and consumer information, television and other media measurement, online intelligence, mobile measurement, trade shows and related properties. Nielsen has a presence in approximately 100 countries, with headquarters in New York, USA and Diemen, the Netherlands.
Leave A Comment
Title :
Name :
Email
Comment text :
 
Confirmation code :
 
Daily | Weekly | Monthly | Industries | Rss | Contact Us
All press release information on this site, including free press release and premier press release, is solely based on what our users submit. Free-Press-Release.com disclaims that any right and responsibility for the information go to the user who submit the press release. Some press release may be confusing without additional explanation. You should contact the provider with any questions about the information presented. In case some press release demages your benefits or violate your rights in any way, please contact us and we'll remove it immediately.
Copyright © 2009-2010Pr4india.com All rights reserved