|
|
Article: Top fund managers fear Footsie fall
- Article from:
- The Sunday Telegraph London
- Article date:
- February 9, 2003
- Author:
CopyrightCopyright 2003 The Sunday Telegraph London. Provided by ProQuest LLC. (Hide copyright information)
|
ALMOST one third of Britain's top-rated fund managers believe the
UK stock market will either fall or be flat in 2003, according to a
new poll.
The research, carried out by Citywire, the financial information
website, underlines growing fears in the City of a fourth successive
year of falling stock markets.
Though 59 per cent of fund managers said that they expected the
stock market to rise in 2003, they predict that the increase will be
under 10 per cent.
The Citywire survey polled 30 out of 33 fund managers who are top
ranked or AAA-rated based on the performance of their funds over the
past three years. It included some of the highest profile retail fund
managers, including Anthony Nutt ...