Here's What Goldman Conference Attendees Think Markets Will Do
- Equities seen as best performer this year, rising 5%-10%
- Asia ex-Japan region, technology industry may be winners
This article is for subscribers only.
Equities were chosen to be the best global asset class this year, followed by emerging-market credit and cash, according to a survey of attendees at a Goldman Sachs Group Inc. conference last week in Hong Kong.
Stocks were the top pick by 33 percent of respondents, while 25 percent said the best performer would be emerging-market credit, Goldman said in a report on Jan. 25. Cash was picked by 14 percent, developed-market government bonds by 13 percent, commodities by 10 percent and developed-market corporate bonds by 5 percent of people.