View more on these topics

Big downturn seen in investors’ confidence

Investor confidence took a significant dip last month, according to Hargreaves Lansdown’s index of investor risk appetite.

It shows that confidence slid by 17 points in March to a rating of 61 compared with 78 in February. Only 6 per cent of respondents say the UK stockmarket is very likely to be higher in six months while 14 per cent think it is likely.

Looking ahead 12 months, 39 per cent believe it is likely that the market will be higher. and just 11 per cent say it is very likely to be higher. Thirty-six per cent say it is very likely that the market will be back on track in three years while 50 per cent think it is likely.

Ten per cent expect interest rates to be higher in six months while 22 per cent believe it will be a year before the Bank of England raises rates. Sixty-five per cent say rates in three years will be higher than 5.25 per cent – the level of base rate at the time the survey was conducted.

Investors are most likely to invest in stocks and shares over the next year, with 38 per cent choosing this asset class. Twenty-seven per cent say they will invest through unit trusts, compared with 22 per cent in February, while 21 per cent will invest directly in shares, down from 24 per cent.

Investment manager Ben Yearsley says: “It is worrying that investor confidence has drop-ped so much in the last six to eight weeks. The research shows that people are very nervous about the state of the market over the next six to 12 months.”


AMI addresses crunch questions

The Association of Mortgage Intermediaries has published a white paper on credit crunch solutions for the industry. It suggests looking at new areas of funding such as sovereign wealth funds.

See you later aggregator

Aggregator services have changed the face of insurance in the past few years. Brands such as moneysuper-market and have become familiar to buyers of car or home insurance and some have branched out into other financial areas, such as life insurance and critical-illness cover.

Trimming the fat

Last week Invesco Perpetual decided to take the plunge on its struggling US range after announcing its intention to merge the trio of funds down to a single vehicle.

A modern horror story

Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm