Market Outlook – Q3 2023

Where do you expect the S&P to be in 12 months, compared with today?

Between July and September 2023, 69% of advisors expected markets to rise over the coming year while 17% expected them to fall. This represents an improvement over the previous quarter and the previous year. This overall outlook is similar to where it was between April and June 2021.

Equities

How advisors plan to allocate assets to equities over the next year

Within equity markets, international equity is expected to see the most investment among financial professionals over the next year, while Asian equity is expected to see the least.

Fixed Income

How advisors plan to allocate assets to fixed income over the next year

Within fixed income markets, U.S. fixed income is expected to see the most investment among financial professionals over the next year, while emerging marked government bonds are expected to see the least.

Alternatives

How advisors plan to allocate assets to alternative assets over the next year

Within the alternatives category, private equity is expected to see the most investment among financial professionals over the next year, while cryptocurrencies are expected to see the least.

Advanced Strategies

How advisors plan to utilize advanced strategies over the next year

Other Products and Strategies

How advisors will use fund, annuity and other investment products over the next year

Actively managed ETFs and money market funds are currently expected to see the most increase in usage among advisors over the next year, while ESG funds are expected to be used less.