HIM Quick Poll: After Strong January, Advisors Turn Decidedly Optimistic For 2012

Heritage Investment Management predict a brighter 2012, after a company poll of financial advisor's.

PRLog (Press Release) - Mar 18, 2012 -
Heritage Investment Management (HIM) Hong Kong based firm specializing in finance, taxation and investment management to the global market has announced that after a strong start for the stock market in January, financial advisors have turned decidedly more optimistic on the market’s performance for 2012, according to an HIM Quick Poll released today. Nearly all advisors surveyed (89 percent) in early February said they expect a positive return on the markets 2012; an 19 percent increase compared to a similar survey conducted in mid-January. Even more dramatic was a 51 percent increase among those who predict gains of greater than five percent. The February survey was completed by more than 100 advisors, the majority of whom manage more than $15 million in assets.
HIM’s CEO Ms. Vera Lim stated “Investors and advisors, alike, have been waiting for an excuse to become more positive,” “Whether it’s the trend in unemployment numbers, positive corporate profits, or lack of bad news, the investing sentiment has shifted to a more optimistic attitude. While we aren’t out of the woods yet, it’s important for advisors, and investors, to recognize we are in the early stages of a changeover and position their portfolios accordingly. With that said, there are still global risks including Greece, Syria, Iran, and Europe, that could tilt sentiment negative again.”
Heritage Investment Management also stated that In addition to positive projections for the S&P 500, the survey found other points of growing optimism among advisors. More than one-quarter of advisors predict that the ‘Pessimism Bubble’ hovering over the economy will burst in 2012. Additionally, nearly one-third of advisors say investor sentiment can best be described by the phrase, “the tide is turning.” Lastly, a majority of advisors said that investing adages, “Bull markets climb walls of worry,” and “A rising tide lifts all boats,” are the two most accurate phrases for today. Most advisors (87 percent) say that the likelihood of the payroll tax cuts being extended beyond February have a 50/50 chance, or better.

About Heritage Investment Management (HIM):

http://www.heritageinvestmentmanagement.com

Heritage Investment Management was founded in 1989 by a highly experienced team of specialists in finance, taxation and investment management. From our offices in Hong Kong, we combine expertise in investment banking, institutional trading, tax minimization, estate planning, and wealth management for clients in 26 countries around the globe.
Heritage Investment Management was founded with the aim of delivering exceptional results in every aspect of our work. Our team is continually striving to exceed expectations, outperform our competitors and excel at what we do. At Heritage Investment Management, we understand that originality is our primary strategic advantage, and we are engaged in the continual process of formulating and executing pioneering solutions to our clients’ diverse requirements.
At Heritage Investment Management, we consider integrity to be the foundation upon which our strong and durable relationships with clients are assembled. This belief extends into every communication we have our clients, the companies we invest in, industry partners, and other actors in the market.
Heritage Investment Management works as a single, cohesive team, working in partnership to determine and realize the optimum outcome for our institutional and private clients worldwide. Our team knows the meaning of collective responsibility and corporate accountability, which leads us to continually identify and pursue solutions which will maximize the benefit to our clients by generating the exceptional growth in a low risk and tax efficient manner.

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