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Irish investor sentiment now positive - RaboDirect

RaboDirect’s Investor Barometer has also shown that 42 per cent of investors would prefer to invest in emerging markets.

IRISH INVESTORS ARE now positive about Ireland’s future, according to RaboDirect’s Investor Barometer.

The measure, which has been tracking investor sentiment since April 2010 has, for the first time, recorded a positive in this regard.

The barometer is based on the responses of 413 RaboDirect customers who held investment accounts as of January 2013.

(Investor sentiment as per the RaboDirect Investor Barometer – Zero to 100 signals a negative sentiment. 100 to 200 signals a positive sentiment.)

The results also showed that 55 per cent of people were confident about the outlook for the Irish economy over the next three months.

There was a greater confidence shown (at 64 per cent) in relation to the global economy over the same three month period.

Financial situation

When asked whether they were confident about their own financial situation over the next three months, 76 per cent were, a drop of two percentage points on last September.

While their own personal confidence dropped slightly, 80 per cent of investors responded that they saw value in holding stocks, compared to 72 per cent in September 2012.

Assets

Where assets were concerned, the preference of respondents were as follows:

  • 51 per cent preferred equities
  • 25 per cent preferred cash
  • 20 per cent preferred bonds
  • Three per cent preferred property

Preferred markets to invest in

When asked where investors were most likely to invest, the breakdown was as follows:

  • 42 per cent in emerging markets
  • 20 per cent in the US
  • 19 per cent in Europe
  • 19 per cent in Asia

While noting the upbeat nature of Irish investor confidence, investment manager at RaboDirect Killian Nolan said that “ongoing austerity measures in Ireland are taking their toll in terms of how investors view their personal finances”.

Poll: Do you think the global economic crisis is over? >

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17 Comments
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    Mute Winston
    Favourite Winston
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    Apr 19th 2012, 9:24 AM

    If you look at what Ms Nixon achieved in the NHS you’ll see we are getting her services at a bargain!

    If she can bring waiting times in ER departments in Ireland down to 4 hours as she did in the UK she’ll be worth every penny!

    64
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    Mute Aodhan O Cuana
    Favourite Aodhan O Cuana
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    Apr 19th 2012, 9:41 AM

    No she won’t cause in the UK medical care and attention was free! We face a bigger challenge of work practices! This is not rocket science

    28
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    Mute Bernadette Dunne
    Favourite Bernadette Dunne
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    Apr 19th 2012, 10:09 AM

    Well if she is that good at her job then why not promote her to Minister and sack James Reilly after all he was supposed to sort out our Health mind you so was the HSE and all they have done between them is Close depts left right and centre and overcrowd other hospitals Just look at The lights out in Roscommon A&E and the surgical wRd at weekends and then take a look at GUH yea over crowded leylt her REOPEN ROSCOMMON A&E and while she does may she put the record straight about the lies Reilly spread about the closure

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    Mute Brendan Williamson
    Favourite Brendan Williamson
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    Apr 19th 2012, 10:20 AM

    Mainly because Ministers are democratically elected, not promoted.

    11
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    Mute Ann Reddin
    Favourite Ann Reddin
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    Apr 19th 2012, 9:32 PM

    Brendan – sorry but I have to pull you up on that, TDs are elected, Ministers are appointed and when the time comes, Junior Ministers are promoted to the enclaves Senior Ministers. Just like when Kenny gets the red card from his backbenchers Bruton will be promoted to the position of party leader and Taoiseach, and the gravy train will continue to role.

    3
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    Mute jrbmc
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    Apr 19th 2012, 9:24 AM

    More lies and cover ups , she will be an advisor , but not classed as one so she can be paid 160,000

    51
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    Mute Sean Higgins
    Favourite Sean Higgins
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    Apr 19th 2012, 9:31 AM

    Three great forces rule the world: stupidity, fear and greed. –Albert Einstein

    42
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    Mute Mike Scott
    Favourite Mike Scott
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    Apr 19th 2012, 9:21 AM

    If she’s as good as Lucinda Creighton says she is, then that has to be good news! I assume that at least one or maybe even two people will be let go, so she can be accommodated! Or am I being naive again, to think this government operate in the real world??

    41
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    Mute Philip Howlin
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    Apr 19th 2012, 9:24 AM

    No change in standards- just a change of faces

    28
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    Mute Maeve Kelly
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    Apr 19th 2012, 9:26 AM

    And yet it’s austerity for the rest of us…. And yes I will hold it against her.

    25
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    Mute Declan Cotter
    Favourite Declan Cotter
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    Apr 19th 2012, 12:48 PM

    This lady is top class and did fantastic work in the UK. She is well worth that money.

    7
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    Mute Alan Bolger
    Favourite Alan Bolger
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    Apr 19th 2012, 9:50 AM

    Seems to be an awful lot of advisers out there for ministers etc. why don’t some of them bite the bullet and put themselves up for election in the next general election. Then maybe they can sack all the people they’re giving advice to. They’d be worth the €160,000 then. Too many chiefs and not enough Indians.

    24
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    Mute Disildoforus
    Favourite Disildoforus
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    Apr 19th 2012, 9:44 AM

    This lot will say and do anything to line both their and members of their boys clubs pockets, at this stage I dont believe a word any of them says!

    21
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    Mute Declan Cotter
    Favourite Declan Cotter
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    Apr 19th 2012, 12:52 PM

    What are you on about? This lady has no connections with any party… She is no buddy or in any boys club… Why is it if we employ a top person at a relatively small salary compared to what she could get in a private capacity people get all rilled??? This lady has spent years of her life on education and experience. she also has a proven track record of achieving results. Of course she is worth the money and more…

    11
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    Mute Aine
    Favourite Aine
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    Apr 19th 2012, 9:46 AM

    And they understand how the rest of us are struggling, yeah right. Time to make the cuts from the top boys We have had enough

    20
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    Mute Pat Campbell
    Favourite Pat Campbell
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    Apr 19th 2012, 10:08 AM

    I am hoping this will be money well spent. I cannot understand why our well paid officials and department managers cannot do the same job. Maybe some senior managers should now be fired seeing that they have failed to do what this lady is expected to do.

    19
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    Mute Aodhan O Cuana
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    Apr 19th 2012, 9:40 AM

    These stories are not personal attacks on the individual or their competencies! God knows we need them. It’s about policy around pay! We are running the risk of too many consultants, who come and go, developing strategy and policy but the lower ranks, Unions and staff refusing to work them or at best being under qualified to work as part of the strategy of change!!

    15
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    Mute David
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    Apr 19th 2012, 9:57 AM

    This has nothing to do with Nixon, she was offered a good job with good pay, why wouldn’t she accept? This is another example of FG and Labour telling people ‘do as I say, not as I do’. It’s disgraceful. This Government need to look beyond their ivory towers and see what ordinary people are facing. People don’t need grand gestures, more experts, or more reports. We need to see the promised actions that will make a difference in the day to day lives of struggling families. People on here would be happy to tell Mr O Reilly how to do that for free.

    14
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    Mute David Higgins
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    Apr 19th 2012, 10:49 AM

    What the ordinary people are facing is long waits in our hospitals. He’s hired someone who knows how to sort out this problem quickly. €160k isn’t a salary any of us want to pay, but if it’s what we need to sort out the problem, I see no problem here.

    12
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    Mute David
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    Apr 19th 2012, 12:22 PM

    I agree 160k doesn’t seem to be that much, but I believe that a Government should lead by example. This ‘you need to tighten your belts while we keep spending’ approach is unfair. I would like to see improvements too but all we’ve gotten so far from this Government is talk about what they are going to do. In my opinion, people need action on the hardship inflicted on them rather than more consultation, more reviews, more consultations. People are screaming at the Government to DO something and instead O Reilly goes out and hires someone to do his job which will lead to more reports, more policies, more consultations and, based on the evidence so far, no change for ordinary people.

    2
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    Mute Darren Brady
    Favourite Darren Brady
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    Apr 19th 2012, 10:06 AM

    Sure Enda will put a stop to this, after all wasn’t he the 1 who came up with this pay cap, and he is in char….. Ooops, actually, how do I delete my naive comment? Silly me expecting a politician to do what they said they would do on my doorstep.

    10
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    Mute Stephen Power
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    Apr 19th 2012, 10:33 AM

    We could get someone half as good for half the price.. Still problem would then most likely be twice as bad.

    8
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    Mute Anita Tuesley
    Favourite Anita Tuesley
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    Apr 19th 2012, 10:10 AM

    The health service needs to be reformed, but surely Reilly was employed as health minister because he has the knowledge himself to do this. Why does he need all these people around him to consult. If the Irish system was a “national” health system then this consultant may be able to help, but this is a private health system with disparate insurance companies and consultants profiting from the mess. The money would be better off being spent paying the wages of the frontline staff we so desperately need.

    6
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    Mute Kerry Blake
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    Apr 19th 2012, 10:07 AM

    Was that post advertised?

    6
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    Mute franco
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    Apr 19th 2012, 11:59 AM

    dont you just love bottler reilly.

    4
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    Mute Professor Mehoop
    Favourite Professor Mehoop
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    Apr 19th 2012, 11:24 AM

    Dear People, A salary of €160 is not immodest for a proper intellectual. Works for me. #academia

    4
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    Mute Adam Magari
    Favourite Adam Magari
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    Apr 19th 2012, 11:09 AM

    Can it get any more absurd, or give more offence, to the many taxpayers and citizens forced to be onlookers while yet another minister for health shovels money out of the public purse on various categories of mandarins? How many advisors does it take to change a lightbulb? At least one more than is in the room at any time. At least the previous Minister of Health was spending when money was around. Adding more bureaucrats to a problem that is fundamentally a combination of shortcomings in bureaucracy and budget won’t work. All this act shows is that Reilly is another .minister in a long list who doesn’t grasp that hiring in is no substitute for taking responsibility. And if there is no one of sufficient intelligence and ability within the existing HSE and Department of Health to sort out waiting lists, the entire credibility of health service staffing is called into question. By the way, what happened to the other special advisor who was advising remotely, from California I seem to remember?

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    Mute Nigel O'Neill
    Favourite Nigel O'Neill
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    Apr 19th 2012, 1:11 PM

    So this is like saying that the Minister can’t do his job which includes getting the delivery of policies utilising an already inflated Health admin system!! #onlyinireland

    2
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    Mute Johnny Slater
    Favourite Johnny Slater
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    Apr 19th 2012, 6:04 PM

    He’s cool!

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