Australian investors have become a tad more cautious about allocating more funds to the local share market now that volatility has picked up and share prices...

Australian investors have become a tad more cautious about allocating more funds to the local share market now that volatility has picked up and share prices seem to have lost their upward momentum. In July it seemed everything was set up for more cash to flow from the sidelines into local equities. Respondents to the July Australian Investors' Sentiment Survey expressed one Great Wish: can we have a share market correction so that we can buy good shares at lower prices? Now the correction has finally arrived, it appears this has been a case of always be careful what you wish for. Some investors have used the opportunity to buy shares at lower prices, but others have chosen to repatriate more cash back to the sidelines. Lower share prices put a dent in overall investor optimism and confidence. Underlying, indications remain investors remain on the lookout to shift more cash into local equities, just not now. The results of the September Australian Investors' Sentiment Survey: (VIEW LINK)