The survey found that 33% of UK investors suffer from a decline in their portfolio. This means that the remaining 66% has either increased or maintained their portfolio.
A Butterfields survey found that 44% were optimistic about their portfolio’s 12-month outlook.
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The study also provided insight into UK investors’ activities, revealing that 37% of investors are thwarting all actions during the pandemic.
The pandemic meant that investors had more time to pay attention to their portfolios and experienced a huge surge in the number of new accounts where many investment platforms were open.
“We’re looking forward to seeing you in the process of doing things,” said Alpa Bhakta, CEO of Butterfield’s UK-based mortgage business. For many, the option was to suspend making key investment decisions or adopt a more risk-averse financial strategy. But obviously, a considerable number of investors have not stopped being hit financially by Covid-19.
“It is positive to note that the number of optimistic investors doubles those who lack confidence. Interest rates remain at record lows, and the UK government’s economic policies are constantly evolving. As such, it will be interesting to see how investors will adapt their strategies in the coming months and which assets or markets are gaining the most attention.”
