According to the survey, which covers the fourth quarter of 2011, 81% of investment managers who participated in the survey expect job growth to remain stable or accelerate over the next six months, which is an increase of nine percentage points from the third quarter’s survey.
74% of respondents believe that economic growth, as measured by GDP, will remain stable or accelerate over the same period, a 10% increase over the previous quarter. More than half (52%) expect corporate earnings to increase in the next three months, up from the 34% who held that view in the prior quarter.
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The survey’s findings show, however, that a majority of managers (56%) believe that the continuing euro zone crisis will likely result in one or more countries being asked to exit the European Union. These managers hold this as the biggest risk facing equity markets in the first half of 2012.
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By GlobalData
