Investors ‘optimistic’ for growth

IRISH investors believe the global economy will deteriorate further in 2011, but still rank as one of the most optimistic groups, according to a new report.

An international survey of moneyed investors by Barclays Wealth – the wealth management arm of Barclays Bank – ranks Ireland as the fourth most optimistic country in terms of mid-term global economic growth. Just over a quarter (26%) of those surveyed here think the economy will grow over the next five years.

Investors from Spain, Qatar, Saudi Arabia andIndia complete the top five; while those from Monaco, Japan, the US, Britain and Switzerland are the leastoptimistic.