Confidence in UK shares is returning as IFAs pick the domestic market as the best home for clients' cash over the next quarter, shunning overseas markets.
UK Shares and Bonds were the most popular sectors chosen by advisers for the next three months, according to the latest quarterly figures from the Virgin Money Investor Intentions Index. It tracks IFA confidence in ten different investment sectors, plus how they advised their clients to invest their money over the preceding quarter. Approximately 81% of IFAs will advise clients to invest in UK shares and 79% in bonds, while only 31% and 29% of advisers recommend commodities and gold respectively which remain the least popular sectors. Despite the FTSE's recent rollercoaster ride, whic...
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