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Janus Henderson's Proprietary Study of More Than 1,000 Respondents Reveals Investors Taking the Stock Market Slide in StrideJanus Henderson (NYSE/ASX: JHG) today announced the results of a proprietary survey, which was completed by 1,004 U.S. adults on March 16-17, 2020, to gauge general reaction to the coronavirus and specific behaviors regarding their investments. The survey was designed to be a nationally representative cross-section of U.S. households weighted as per the U.S. Census. According to Matt Sommer, CFA, CFP®, CPWA®, Senior Managing Director and Head of Retirement and Wealth Advisor Services for Janus Henderson, "We regularly conduct surveys to provide the advisor community with timely insights and ideas to assist them in servicing their clients." The primary concern among all survey respondents was the potential for themselves or a loved one to contract the virus (42%). General unease regarding the economy and jobs (23%) and the day-to-day disruption of life (17%) were the next two top reasons for concern. Only 8% of respondents cited the financial markets and experiencing investment losses as their primary worry. Investors Remaining Calm and Even Optimistic Among the 589 respondents who invest in the financial markets, it appears the majority are staying the course, at least for now. Specific findings were:
"With the stock market recent volatility, we wanted to better understand what was driving investor panic. It would appear from the data, that the sell-off has not been driven by main street investors, as the majority (72%)have not taken any action - buying or selling since the market decline began," said Sommer. "The key takeaway for advisors is not to assume all clients are panicked or unnerved by the market decline. Many savvy investors have experienced market downturns in the past and know from experience the importance of maintaining a long-term perspective. It is important for advisors to maintain a calm, at-ease demeanor when communicating with clients," continued Sommer. Financial Advisors Taking the Opportunity to be Proactive with Clients Among the sample, 251 respondents work with a financial advisor or financial planner. These service providers were described in the survey as professionals who provide ongoing advice and not a single transaction. Specific findings were:
"Times of volatility create a unique opportunity for advisors to make a meaningful difference in how clients are feeling about their financial future," said Sommer. There are three recommendations for advisors to use with clients who are feeling unnerved about the markets:
Past performance is no guarantee of future results. International investing involves certain risks and increased volatility not associated with investing solely in the UK. These risks included currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavourable political or legal developments. Notes to editors The survey was designed to be a nationally representative cross-section of U.S. households of 1000 adults 18+ and is weighted as per the U.S. Census. Janus Henderson Group (JHG) is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, fixed income, quantitative equities, multi-asset and alternative asset class strategies. Janus Henderson has approximately US$374.8bn in assets under management (as of December 31, 2020), more than 2,000 employees, and offices in 28 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX). View source version on businesswire.com: https://www.businesswire.com/news/home/20200403005024/en/ |