The fallout from Brexit has set in motion a number of political and economic shifts that are inevitably impacting the way the UK’s investors think and act
New research commissioned across over 1,100 nationwide investors by peer-to-peer lender Kuflink has revealed that traditional assets are providing much-needed investor comfort in a seismic year for British politics.
Nationwide the worlds largest Building Society major mortgage lender in the UK commissioned a report across over 1,100 nationwide investors by peer-to-peer lender Kuflink. It has revealed that traditional assets are providing much-needed investor comfort in a hetic year for British politics.
According to the research more than a third (34%) of the respondents – the equivalent of 10 million investors across the country – said that Britain’s decision to leave the European Union has drastically affected the way they manage their investment strategies.
- The view to leave the EU and changes their investment strategies and was particularly prominent among investors aged between 18 and 34 and those in London, where the figure jumped to 61% and 71% respectively.
- 38% of UK investors said that they would be waiting until after the upcoming election on 8 June 2017 to make any further investment decisions.
- The survey also revealed that investors deem property investment to be safer
- Almost two-fifths (38%) of the investors surveyed said that they are currently less inclined to pursue newer or lesser-known investment classes amidst uncertainty surrounding unfolding political and economic event.