Investors are sticking to planned investment strategies despite the political white noise of Brexit, according to Interactive Investor figures.
Findings from a recent poll conducted by the platform show investors are tired of waiting for progress on the UK’s departure from the EU.
Forty-four per cent of surveyed investors will be staying with their current investment plan.
This is up from 39 per cent last month.
II says Brexit is still investors’ biggest worry although just 35 per cent consider it so down from 46 per cent in December.
II head of personal finance Moira O’Neill says: “This poll suggests ‘bretigue’ has set in. Fewer investors are also deciding to put off investment decisions until there is more clarity.
“Political gridlock may be the order of the day, but there’s no reason why our investments shouldn’t follow suit.”
Far away from Europe, investors are increasingly pre-occupied with the US-China trade war again, the poll shows.
II recently bought fellow flat-fee platform Alliance Trust Savings in a £40m deal that saw £35bn in assets under administration and a total of around 400,000 customers.