
UAE investors are bullish about reaching their financial goals this year with a vast majority (94%) expecting to meet their targets, according to Emirates 24/7.
This puts the country on par with China, and second only to India, among the 23 markets surveyed for a new report. Specifying these goals, UAE investors listed buying a new home (25%), starting or investing in a new business venture (21%) and retirement (13%) as their top three goals.
Despite such priorities being typically long-term in nature, UAE investors overwhelmingly look at a short timeframe when evaluating investment success, with the majority (73%) looking at a period between zero months to two years.
The 2015 Franklin Templeton Global Investor Sentiment Survey polled over 11,500 investors in 23 countries across the Americas, Africa, Asia Pacific and Europe.
Topping the list as UAE investors’ favourite investment was real estate, with 67% believing the asset class to be among the most favoured asset classes in 2015, and 68% over the next 10 years.
Interestingly, optimism for the leading two asset classes for UAE investors, real estate and stocks, comes despite investors ranking these as the top two of three riskiest asset classes in 2015 and over the next 10 years.