Global investors upbeat but Irish bosses are worried

Global investors are upbeat, if cautious, about 2017 but Irish business confidence is at its second lowest since 2012, separate surveys have found.

The January global fund manager survey from Bank of America Merrill Lynch found two-thirds of investors had expectations of global growth, improving outlook to a two-year high.

US president-elect Donald Trump’s inauguration this week has investors primed for stronger growth and inflation, the survey of 215 investors with €511bn worth of assets under management found.