25 October 2012
Private Investors Optimistic for Economic Recovery
63 per cent of UK private investors feel
optimistic about the UK economy over the next 12 months, up from 47 per cent
one year ago, according to a survey of over 1,000 investors by London Stock
Exchange and research firm ONVA.
The “Investor Confidence Barometer”, a
measure of economic confidence developed as part of the survey, also saw a
seven per cent annual increase to 52 per cent, demonstrating heightened
optimism. Investors said they were most interested in investing in the natural
resources, technology, healthcare and pharmaceutical sectors.
The results were announced at the annual
London Investor Show held at London’s Olympia which attracted a record 5,000
private savers, investors and traders making it the largest ever event of its
kind in the UK.
Alexander Justham, CEO, London Stock
Exchange, said:
“It is encouraging to see that private
investors are optimistic on the economy. Their participation is crucial in
providing funding to entrepreneurs and businesses, which in turn will help fuel
long term economic recovery.”
Nicolas Bertrand, Head of Equity and
Derivatives Markets at London Stock Exchange Group, said:
“We are delighted with the record attendance
at this year’s London Investor Show, which demonstrates how active the retail
community has become. In parallel, we have been working hard to make our
markets more accessible to investors, developing our new retail bond market,
ORB; organising interactive events around the UK; and working with partners on
educational materials.”