Emerging markets, US equities and commodities: IFAs’ tips for the summer

– Emerging markets, US equities and commodities will be best performers in the coming months, finds adviser research
– Cash and gilts the asset classes most expected to perform poorly over the period

Almost 80% of IFAs believe emerging markets will be the best performing asset class over the coming months, with US equities and commodities also tipped to deliver attractive returns, according to research from Ignis Asset Management.
When asked to specify which asset classes they expected to perform well over the coming months, emerging markets was chosen by 79.7% of advisers in the survey. US equities were the second most popular asset class, with almost half of advisers (49.5%) saying they expected it to perform well, with commodities coming third (38.8%). Japanese equities, with 29.3%, were fourth.

Cash and gilts were the least favoured asset classes, with the overwhelming majority of advisers (81.8% and 71.6% respectively) saying they expected them to perform poorly over the period. Corporate bonds, with 32.2%, were the third least favoured asset class.
Commenting on the results, Rob Page, Ignis Asset Management, said:
“Emerging markets are often cited as the asset class most likely to deliver strong returns over the long term, but the research shows advisers clearly expect them to deliver in the short term too. US equities are another favoured asset class, with advisers subscribing to the view that the US market will rise in line with a recovery – however fragile – in the world’s largest economy.”
 
All statistics sourced: Ignis Asset Management Investment Adviser Survey 2010