J.P. Morgan Asset Management – ValueNotes Investment Confidence Index, Wave IX

India’s Investment Confidence Index remains flat

 

Jan 2012: The 9th wave of the J.P. Morgan Asset Management – ValueNotes Investment Confidence Index (ICI) in India showed no signs of revival in the current quarter, and remained almost flat between July 2011 and December 2011. After witnessing a series of highs and lows over five quarters, the ICI has declined continuously over the past year.

 

Although the overall investment sentiment currently appears subdued, the optimism about global and Indian economic growth is improving marginally. Most interestingly, corporate, advisors and HNIs are now more optimistic than they were in July 2011, even as the mass of retail investors have become more pessimistic.

 

Key findings include –

 

  • Investor sentiment weakens across all wallet sizes and age groups
  • Retail investment activity in mutual funds has picked up 9 percentage points from last quarter to reach 70%, while in stocks it fell 6 percentage points
  • Indian investors and advisors bullish about the Sensex trading levels in June 2012
  • Inflation and global uncertainty have been voted as the two most negative economic indicators

 

– To download a complimentary copy of the presentation, please follow this link

 

To read about the findings of the other waves of the Investment Confidence Index, follow the links below:

 

 

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