A majority of asset managers said the Federal Reserves recent decision to slow the pace of its bond buys will lead to higher interest rates in the next three months, according to a quarterly survey of investment managers by Northern Trust.
The survey of approximately 100 investment managers, taken June 6-21, also found that 76% expect housing prices to rise in the next six months (that figure is down from 88% in the first quarter survey). Meanwhile, 22 percent of respondents expect housing prices to remain stable, up from only 9% who held that view in the previous quarter.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access