High-yield investments will remain a popular option in 2013, with the domestic sharemarket unlikely to make gains, according to Macquarie Bank.
The company has said that while its New Year outlook is conservative, there are still good investment opportunities within the Australian market.
"Domestically, while we are not forecasting significant sharemarket gains for the Australian market during the next 12 months, the Australian market now looks attractive purely on the dividend yield," head of Macquarie Private Wealth, Eric Schimpf, told InvestorDaily.
Investing for yield has been a significant trend through 2012, with a subdued global market creating renewed interest in the search for high returns.
Investors hunting for high yields will continue to be an important trend in the domestic market into the New Year.
Macquarie Private Wealth also said the domestic outlook will continue to be affected by global economic conditions, particularly US financial markets.
"Looking at our expectations for the market in 2013, attention has again turned to the global economic outlook," Mr Schimpf said.
"Fiscal policy - particularly the US fiscal cliff - has become a particularly prominent concern, although in our view, an agreement will be reached to expand the economic recovery measures."
