Investor Confidence In UK Shares Remains Strong In Feb

By Editorial 13 February, 2014

Private investor confidence in United Kingdom shares continued its upward trend at the start of February, according to the latest Lloyds Bank Private Banking Investor Sentiment Index.

Net sentiment climbed to 40, a two percent increase from January, with 48 percent of respondents holding a positive view and eight percent holding a negative one, the index shows. This is the highest level since the index was launched in March 2013. At that time investor confidence registered 16, with only 34 percent positive and 17 percent negative.

Ashish Misra, head of investment policy at Lloyds Bank Private Banking, commented: "This is positive for UK investors as we see faith in the UK shares as well as other UK asset classes increasing. With Europe slowly edging out of the recession, positive UK GDP data and a strong domestic property investment, it is likely that investors' view towards UK equities is reflective of this.

"Of interest this month is that there has been a tangible shift in investor preference away from riskier assets like equities and emerging markets towards perceived 'safe haven' asset classes like government debt and gold. Investor sentiment for next month will be quite intriguing, as we look to compare our data over the year since the survey began."

Sentiment towards emerging markets dropped five percent to 14, according to the index. Net sentiment for Japanese shares fell 10 percent from January, the sharpest drop in the history of the index, to 3.

The index reading for eurozone equities remains low at -23, down two percent from last month. However, this is up on the -59 recorded in April 2013.

Tags: Investment | Interest | Equity Investment | United Kingdom | Japan | Expats | Europe | Invest | Banking |


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