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Credit Suisse Says ‘Animal Spirits’ Are Back Among Investors

  • Uncertainties that weighed on client activity have receded
  • ‘We are fully invested’ in portfolios with no cash overweight
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Credit Suisse Group AG is seeing a greater willingness among clients to put their cash to work after economic and political uncertainties eased.

“Animal spirits seem to be back in both the real world and the financial world,” Nannette Hechler-Fayd’herbe, the bank’s director of investment strategy and research, told journalists in Zurich on Wednesday. “We are fully invested in our portfolios” and “have no overweight in cash, in contrast to last year.’’