Fidelity Analyst Survey: Corporate sentiment drops to lowest level since 2016

Analysts remain cautiously optimistic

Anna Fedorova
clock • 2 min read

Global corporate sentiment has dropped to its lowest level since 2016, according to Fidelity International's latest Analyst Survey, dropping from a high level of optimism last year.

The indicator has fallen from 1.6 points last year to 0.6 in this year's survey, marking the sharpest drop since the survey's inception in 2011. The survey is conducted by Fidelity's global analyst team on an annual basis, collecting data from around 16,000 individual company meetings until a big picture emerges. This year's drop in sentiment comes as a third of analysts globally have reported their sectors are in slowdown or recession, compared to just 13% last year. Only a fifth have reported an expansion, versus 35% in 2018. However, the analysts still remain cautiously optimist...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Trustpilot