Infovest21 Manager Survey: 31% of managers consider joining a platform while 20% consider selling part of their firm

In the just-released Infovest21 manager sentiment survey, 60% of the managers surveyed said their assets increased over the past 12 months while 20% said assets had declined and 20% said assets had stayed the same.


Lois Peltz, president of Infovest21, said, “Almost two-thirds of the managers said in light of the largest managers attracting most of the new assets flowing in, they would continue as is. Over 30% of the managers said they have considered joining a platform while 20% have considered selling part of their firm and 15% have considered merging with another firm. Only 8% have considered closing down.” Multiple responses were accepted.

Managers more optimistic over next three months and 12 months
Managers’ views on most markets turned more positive over the next quarter and next 12-month period. In eight markets, the majority of the managers view those markets as moving up slightly while in three markets, the majority are neutral and in six markets, the majority of managers view the markets as moving slightly lower. Last quarter, the majority of managers expected only three markets moving slightly higher while in neutral in seven markets and down slightly in four markets.

In none of the 14 markets asked about, did the managers feel the market would make new highs or move up significantly over the next three months.

In eight markets – the Pound, NYMEX Oil*, Dow Jones Industrial Average, S&P500, DJ Stoxx, 10-Year Treasury*, FTSE 100 Stock Average and Comex Gold – the majority of managers felt the market would be “up slightly” over the next three months.

In six markets, the majority of managers felt the markets would be “down slightly” over the next three months. In rank order, they are: Euro, Yen, 30-Year Fixed Mortgage Rate*,10-Year Treasury*, DJ Corporate Bond Index, and Nikkei 225 Stock Average.

In three markets, the majority of managers feel the markets will be neutral. These include: Consumer Price Index, NYMEX Oil*, and 30-Year Fixed Mortgage Rate*. Last quarter, the majority of managers felt seven markets would be neutral over three months.
*tied

Looking out over the next 12 months, manager sentiment has also improved. The majority of managers did not feel any market would make new highs or move “up significantly.” In ten markets, the majority of managers felt the markets would move “up slightly” while in four they were neutral and in one market, the perception was that the market would move “down slightly” and in one other market, the view was the market would move “down significantly.”


Infovest21 conducts the manager survey on a quarterly basis. This quarter, 64 managers responded.