Public investment funds predict better equity earnings over next year -survey By Reuters – Investing.com

Public investment funds predict better equity earnings over next year -survey By Reuters – Investing.com

LONDON (Reuters) - Pension and sovereign wealth funds forecast improved earnings for listed companies over the next year, but interest rate rises pose the greatest risk to financial market stability, a survey published on Friday showed.

Global shares have pushed to record highs as economic activity begins to scale up after the COVID-19 pandemic that ravaged equity markets and the global economy last year.

A recent Reuters poll of analysts found that most expected the rise in stocks to continue this year. Consistent with that view, a total of 68% of respondents to the Sovereign Wealth Fund Institute (SWFI) second quarter survey predicted a rise in earnings by at least 10% in the next year.