Big Investors See 20% Stock Correction in 24 Months, Survey Says
- Commonfund surveyed 200 endowments, pensions, foundations
- Most respondents say S&P 500 Index will underperform in 2018
Federated's Auth Says Market Correction is Over
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About 70 percent of institutional investors are “somewhat concerned” that a 20 percent correction in the U.S. stock market could come within the next two years.
Almost 60 percent of those polled say the S&P 500 Index will underperform its 20-year annual average return in 2018, and half say the current market cycle is approaching its end, according to a survey released Tuesday by money manager Commonfund. The survey was conducted in mid-March and included 200 institutional investors from endowments, foundations and public pensions.