Investors rethink investment demands for 2002

Intermediaries are less likely to face customers demanding short term high performing investments in 2002. Attitudes have significantly changed according to research for Wesleyan Assurance Society. This change in outlook has been explained by the stock market volatility of 2001. Many investors are now prepared to take a longer-term view and accept lower performance for the sake of more secure returns. Six out of ten investors were found to have changed their attitude to investment for 2002 in light of last year's volatility. Peter McNamara, managing director, commented:...