You are here: Home - Saving & Banking - News -

Experts optimistic about 2008 markets

Written by:

IFAs and fund managers are generally optimistic about the stock market’s prospects in 2008, research from the Association of Investment Companies (AIC) and has shown.

Blue chips were tipped as the sector most likely to outperform in 2008 by the largest proportion of fund managers. IFAs, in contrast opted for the resources sector. IFAs have tipped emerging markets as the best performing region in 2008 and fund managers favoured the Asia Pacific region excluding Japan.

When it comes to the FTSE 100, most fund managers and IFAs agreed that the market will close at between 6,500 and 7,000 points next year.

Annabel Brodie-Smith, communications director at the AIC, said: “After a challenging year for equities, it is encouraging to see that optimism is generally prevailing for 2008 among IFAs and fund managers, although investors may well want to prepare for a bumpy ride along the way.”

She added: “In the very volatile markets that we’ve seen recently, regular investing can be a sensible tool as it helps smooth out some of those highs and lows in the price of shares.” 

Related Posts


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Festive period makes for burglaries

Nearly 8 out of 10 thieves see the Christmas period as the perfect opportunity for home theft, according to research...