The confidence shown by around 90 per cent of the 30 real money investors (pension funds etc.) plus 22 hedge funds polled represented an all-time high since the survey was launched in February last year. Uncertainty regarding the fiscal cliff led to a less bullish sentiment for the short term.
There were still more customers who felt they were under-invested (that their risk position should be raised if they were to be aligned with their sentiment) compared with November.
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