TORONTO, July 22 (iXinhua) -- Canadians regard China and Brazil as the greatest investment opportunities in the next decade, a new survey says.
Sixty-one percent of the 1,002 Canadians surveyed said emerging international markets such as Brazil and China present the best investment opportunities over the next 10 years.
The survey, released Thursday at the Investment Outlook and Opportunities Forum, was conducted by Franklin Templeton Investments Corp.
"Canadians agree: it's time to invest and increase global exposure," said Don Reed, president of Franklin Templeton. "Among Canadians, the bulls outnumber the bears almost three to one -- and more than twice as many investors see opportunity in markets outside Canada."
The global sentiment reflects the bias of Canada's major institutional investors. For example, publicly listed global equities make up 78 percent of the Canada Pension Plan's equity portfolio.
Yet many Canadian investors have a significant home-country bias in their investment portfolios. The net value of Canadian equity mutual fund assets outweighs global and international equity mutual funds by a two-to-one margin, according to the survey.