2021 is expected to be prosperous for the investors in the country
According to GlobalData, the Italian retail savings and investment market will increase by 0.2% in 2020.
The report revealed that nearly 80% of investor wealth is in deposits. Nevertheless, it is anticipated that many more wealth managers and investors will be moving their wealth into the asset class to protect themselves from the rough declines.
The March survey found that 45% of Italian consumers expected the coronavirus situation to worsen in the following months. But since then, optimism has grown, and figures now suggest that only 28% think the situation will worsen.
Along with that, bond growth is expected to benefit somewhat in 2020 since investors aim for the stable return of fixed-income products.
We’ve reported that 34.9% of the UK population expecting the coronavirus situation to improve over the next month. Meanwhile, only 8.5% expect the situation to get a lot worse in June, compared to nearly 30% of consumers last month.
- How governments worldwide support people amid COVID-19
- 2020: A new world crisis, or just a coincidence?
- How to get a refund for a flight canceled due to coronavirus