Youngsters not sulking about UK investment scene post Brexit

by | Feb 28, 2017

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Young investors are not turning their backs on Brexit UK.

This is the conclusion of research from online investment platform SyndicateRoom which recently surveyed over 1,000 UK retail investors, discovering that despite more than half voting to Remain in the UK, over a quarter of young UK investors are now more determined to invest after the vote to Leave result.

What’s more, young investors remain undeterred ahead of Brexit, with over half more inclined to increase their investments following the result of the EU Referendum. And despite continued uncertainty, young investors will be investing more in 2017 than 2016, and looking to take on a more diverse portfolio.

The main findings of the research report have been released by the SyndicateRoom:

  • investors are more inclined to commit funds irrespective of Brexit, expecting to invest further in 2017. Despite more than half (54%) voting to Remain, more than a quarter (28%) of the UK’s retail investors are now more likely to invest following the June referendum vote, compared to 17% of investors who are now less likely to do so;
  • younger investors are optimistic and the driving force backing Brexit Britain. Of those investors more likely to deploy funds in the next year, the 18-30 group are more than three times as likely to invest as their older counterparts. Whilst 71% voted to stay in the EU, more than half (53%) of investors aged 18-30 are more determined to invest following the result. More than triple those investors aged 51+, of which only 15% are more inclined;
  • equity markets offer the most appealing asset class for investment post Brexit vote. Following the vote to leave, UK investors still find equities the most attractive asset class for further investment, ahead of bonds, commodities and other less liquid assets. 56% of investors opted for equities as the best bet, more than double than the amount of investors siding with bonds (22%). This is again true for younger investors, with more than half (52%) of those aged 18-30 putting equities top of their list;
  • investors remain confident in backing UK business. Not only are investors expecting to deploy more funds following the Brexit vote, but they are now more determined than ever to invest in UK assets. Of the additional capital investors plan to commit in 2017, an overwhelming 70% is expected to be in Britain. 

CEO and co-founder of SyndicateRoom Goncalo de Vasconcelos said: “The UK has a lot of to be proud of. Our market leading technology, fast evolving investor environment and first class talent, makes Britain the most attractive centre in the world for bringing technology and fintech companies to market. This remains the case, irrespective of Brexit.

“The continued confidence we’re seeing from our next generation of investors is a glowing endorsement of these strengths. It’s clear that tomorrow’s investors are the future of Brexit Britain. With retail investment set to grow now more than ever, we need to ensure that this demand is channelled effectively to continue to support UK business, allow them to flourish and maintain the vital stimulus needed for a vibrant economy in the long term.”

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