Investor confidence increasing

March 24, 2014987 Views

According to the latest RaboDirect Investor Barometer, confidence among Irish investors show an increase in comparison to 2013.

The Barometer found that 81% of investors are confident about the outlook for the economy over the next three months compared to 55% for the same period last year.

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Mr. Killian Nolan, an investment manager at RaboDirect, said: “We’ve witnessed a significant pick-up in Irish investor sentiment over the last year, aided by growth in the global economy and the more positive news streams on the domestic front around the country’s financial recovery and improved property prices, to name a few.

“In our opinion, this increased optimism is contributing to a slightly higher risk appetite when it comes to investors pursuing medium- to long-term growth opportunities. The barometer shows the vast majority of investors questioned see value in global stocks and this is reflected in increased interest in Europe in particular.”

Year on year, results show that investor confidence in the property market has increased, too, with 62% saying they would be confident about investing in the property in the next three months, a significant jump from the 25% figure seen this time last year, according to RaboDirect.