HNW Investor Sentiment Indicator Report
                                                           
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STG Private December 2017
High Net Worth Investor Sentiment Indicator Report

We are delighted to share with you the latest insights from the final St.George Private High Net Worth (HNW) Investor Sentiment Indicator Report for 2017. The report highlights HNW sentiments, investment behaviours as well as asset class preferences.

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Quarter 4 2017 Highlights
In this quarter’s survey, conducted in November 2017, we found that:
Investor sentiment among HNWs remained largely unchanged at 14.9, compared to 16.2 in the third quarter. This contrasts with the more optimistic 18.5 at the start of the year, reflecting increasing concerns about the Australian economy over the course of the year, particularly given the softening of the domestic housing market.
HNW sentiment towards property substantially declined, moving to -13.9 compared to -0.4 at the start of the year. HNW investors were more bullish in the short-term. Most respondents favoured the Asian region for their next international investment (83.4%) corresponding with favourable company reporting in the last quarter and business-friendly legislation.
HNW investors were slightly less likely to purchase new investment products or invest in new equities in the next quarter, compared to the third quarter.
Cash continues to be the most recent investment for 38.3% of HNW investors

At St.George Private we see a number of themes moving into 2018, including US dollar yield enhancement, Asian growth and ongoing challenges for the Australian economy. We continue to monitor evolving global dynamics and investment opportunities against the backdrop of the current economic environment. Accordingly, we have recently reviewed and updated our investment baskets for 2018.

Your Private Banker and our team of investment specialists would be delighted to provide you with more information on our investment thematics to help you achieve your investment objectives.

We wish you and your loved ones a joyous and safe festive season. We look forward to continuing to support you in 2018!

Regards,

Kellie Robertson

Head of BT Private Wealth, QLD

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