* 7 out of 10 investors to invest in equities - Schroders
* Best opportunities seen in Asia, North America
* Taxes, inflation and economic recovery biggest concerns
By Joshua Franklin
LONDON, Feb 26 Global investors plan to buy more
equities in 2014 in the hunt for higher returns, a survey showed
on Wednesday, although some fear they could be crimped by
increased taxes, rising inflation and a slowdown in the economic
While Wall Street saw record highs and world equity markets
hit six-year peaks in 2013, seven out of 10 investors surveyed
by British fund manager Schroders said they still
planned to purchase stocks in the coming year, far more than the
18 percent who were looking to bonds.
"The overall feedback was (respondents) would invest more in
2014 on the basis on an improved economical landscape," said
Carlo Trabattoni, head of European intermediary distribution.
The group surveyed 15,749 investors in 23 countries who
intended to invest at least 10,000 euros ($13,700) or the
equivalent over the next 12 months.
It found 41 percent planned to invest in their own country,
the rest in international equities or other asset classes.
Around two in five respondents saw the best growth opportunities
in Asia Pacific. Three in 10 looked to North America.
Of those surveyed, 56 percent said they were more confident
than last year about investment opportunities - an improvement
from 48 percent in the same survey last year.
The biggest concern raised by 26 percent of respondents was
tax increases, with a proposed financial transaction in the
European Union potentially placing a charge on share trading.
Around a quarter of global investors also flagged worries
over untamed inflation - despite persistently low inflation
forecasts in the euro zone - and a prolonged economic recovery,
both in their own country and internationally. The International
Monetary Fund forecasts global growth of 3.7 percent this year.
The survey also found investor confidence for the year ahead
was lowest in the United States. Particular concerns were tax
rates and the robustness of the global and domestic economic
"You could be up 20 to 30 percent in 2013 (through U.S.
investments), which was very strong, so maybe the retail U.S.
investor thought, 'That's pretty good, I don't think we'll have
back-to-back years like that,'" said Carter Sims, Schroders'
U.S. head of intermediary distribution.