Retail investors remain cautiously optimistic, despite the ongoing effects of the credit crunch, according to the first bi-annual Great British Investor report from The Investment Management Association (IMA).
The report, which considered the behaviour, confidence, intentions and concerns of Britain's retail investors as at May 2008, found the IMA GB Investor Confidence Index standing at 78 (on a scale of 0-200, with 100 being neutral), while the IMA GB Investor Intentions Index stood at 98. This was indicative of investors being broadly neutral overall and reluctant to make new investments, but fairly confident about keeping existing investments as they ride out the current financial storm. Richard Saunders, chief executive at the IMA, said: "Despite the credit crunch and resulting negative i...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
