UBS Investor Sentiment
Momentum stalled
Key findings
Key findings
Vaccine challenges | Sentiment falls amid slow rollouts
Inflation worries | More than half expect an increase in the next 3 years
Excess of cash | Investors consider new alternatives
ECONOMY
ECONOMY
Investors see vaccine rollouts being far from successful...
![Percentage of success](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_1129239862/col1/textimage_966741943/image.580.png/1626780163199.png)
...causing short-term economic outlook to decrease
(over the next 12 months, in %)
![economic outlook](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_1129239862/col1/textimage_966741943_/image.580.png/1626780163451.png)
Top sources of optimism and concern
Optimism
Concern
![Optimism & Concern](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_1129239862/col2/textimage/image.580.png/1626780163790.png)
Market outlook
Market outlook
Most investors see the US as very attractive for investing in the short-term
![Market outlook](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_127170615/col1/textimage_901171392/image.580.png/1626780164099.png)
Investments
Investments
Investors see inflation growth as inevitable within the next 3 years
![Investments](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_127170615/col1/textimage_901171392_/image.580.png/1626780164610.png)
Confidence in own businesses strongly led by vaccine development
Sources of optimism
![Sources of optimism](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_206367584/col1/textimage/image.580.png/1626792406100.png)
Business owners realize working setups have changed and do not foresee “going back”
![Business owners](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_206367584/col2/textimage_566345043/image.580.png/1626780158813.png)
Business owners' investment priorities are partially linked to IT matters
![Investment priorities](/br/en/wealth-management/insights/2021/investor-sentiment-1q21/_jcr_content/mainpar/toplevelgrid_206367584/col2/textimage_566345043_/image.580.png/1626786913676.png)
About the survey
About the survey
UBS surveyed 150 investors and 50 business owners in Brazil with at least $1M in investable assets (for investors) or at least $1M in annual revenue and at least one
employee other than themselves (for business owners), from March 30 – April 18, 2021. For the 4Q20 results, UBS surveyed 150 investors and 50 business owners
in Brazil, from December 29, 2020 – January 11, 2021.