25 August, 2016
Media Release: Baby boomers are locking in their losses as volatility drives them out of Australian Equities
Australian ‘baby boomer’ investors are at risk of missing out on the up-turn in financial markets as global market volatility drives them to reduce their equity portfolio in a down-turn, the Colonial First State Global Asset Management (CFSGAM) Investor Insights report has found.
The August 2016 report shows low investor confidence in equities coupled with volatile markets and political uncertainty continues to impact on investor behaviour, though there is a clear distinction between the investment decisions of younger and older non-advised investors. Overall the CFSGAM / University of Western Australia (UWA) Equity Preference Index (EPI) fell 3% in the second-half of 2015, compared to a decline of 9% in both the first-half.