Investment managers’ sentiment held steady going into the second quarter of 2021, according to the latest CBI (Confederation of British Industries) and PwC Financial Services Survey.
Sentiment among investment managers sat at net positive +48 in March 2021. This was the same figure as in December 2020, but an increase from the +41 reported in September and +24 in June.
Year-on-year there’s been a huge shift in sentiment – perhaps unsurprisingly. In March 2020, investor...