Online investment company SyndicateRoom analysed?the sentiment and expectations of?more than 1,000 retail investors in the aftermath of the Brexit vote ? and stumbled across some intriguing statistics.?While previously standing firm in the belief that remaining in the EU was Britain’s best bet, the UK’s young investors adopted a mindset similar to one showcased by?Mark Carney?in June 2016. After the results of the referendum vote spread across the nation, Carney, the governor of the Bank of England, stated that businesses have to get on with the job in hand, stay focused and move?on.?The UK’s young investors, those aged 18-30, seem to have taken this advice on board and are now more than three times as likely to invest than their older counterparts. Also, the 18-30?age bracket expects to invest more than previously in the next 12 months, and of the funds younger investors plan to deploy, 70 per cent will?be in UK assets. SyndicateRoom claimed equity markets offered the most appealing asset class for investors, with 56?per cent opting for it as their best bet. This was reflected by?younger investors, with 52?per cent of 18-30 year olds putting equities at the top of their list. SyndicateRoom’s CEO, Goncalo de Vasconcelos, said: ?The UK has a lot of to be proud of. Our market leading technology, fast evolving investor environment and first class talent, makes Britain the most attractive centre in the world for bringing technology and fintech companies to market. This remains the case, irrespective of Brexit. ?The continued confidence we?re seeing from our next generation of investors is a glowing endorsement of these strengths. It?s clear that tomorrow?s investors are the future of Brexit Britain. With retail investment set to grow now more than ever, we need to ensure that this demand is channelled effectively to continue to support UK business, allow them to flourish and maintain the vital stimulus needed for a vibrant economy in the long term?. Image:ShutterstockBy Shan? Schutte
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
