Investors 'sticking with shares'
Almost nine in ten Britons remain shareholders, a new report has shown.TD Waterhouse's latest Investor Confidence Index also found that many investment products have actually increased in popularity over the past 12 months, despite the volatility on the financial markets.For example, stocks and shares ISAs were now held by 58 per cent, over 2007's total of 48 per cent.Sipp volumes had also increased from ten to 17 per cent over the year.However, there was also evidence that many more investors were putting assets into less risky investments, in order to protect themselves against the volatility.For example, gilt holdings were found to have increased from 19 to 35 per cent since 2007.Angus Rigby, chief executive of TD Waterhouse UK, said: "It is encouraging to see that retail investors in the UK are prepared to batten down the hatches and weather the current economic storm."The results of this year's Investor Confidence Index show that a significant number of investors in the UK still see stocks and shares as a good place to put their money."
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