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AdvisorBenchmarking Introduces New Advisor Confidence Index(TM); April Index Data Shows Advisors Are Cautiously Optimistic.
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PR Newswire
- Article date:
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April 26, 2004
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Copyright informationCOPYRIGHT 2004 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCKVILLE, Md., April 26 /PRNewswire/ -- AdvisorBenchmarking, Inc., an affiliate of Rydex Investments, today debuted its Advisor Confidence Index -- a benchmark that gauges advisors' views on the U.S. economy. Modeled after the Consumer Confidence Index, it captures the sentiments of 150 independent registered investment advisors (RIAs), who participate in a monthly survey covering their outlook on the economy for various time periods, as well as their outlook on the U.S. stock market for the subsequent six months. The index's results are released on the last Monday of every month.
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"Due to the fragmented ...