28 Jan 2010

Boost in investor confidence

9:39 am on 28 January 2010

Investor confidence is at its highest since the ASB survey began 12 years ago.

The head of ASB's investment services, Jonathan Beale, says almost a third of investors questioned in the December quarter survey expected better returns on their investment in the coming year.

Mr Beale says rental property is still the top investment, but there has been a small increase in numbers buying shares and investing in managed funds.