'Market volatility to continue'

Thu, 06 Dec 2007

A significant number of independent financial advisers believe that financial market volatility will continue for at least the next six months, according to a new report.

Research by Barclays Wealth discovered that 40 per cent of advisers predicted volatile conditions would last between six and 12 months, while a further 17 per cent said that the turmoil would continue for at least a year.

Colin Dickie, director of the firm, said that volatility is a "huge concern" for advisers and the majority believe that the current period of instability will continue.

"Preserving investors' capital in these conditions has become a real challenge for advisers, particularly those with clients exclusively invested in unprotected equities," he remarked.

Lloyds TSB recently found that one in five stock market investors have diverted funds into "more cautious" assets, such as cash or bonds, in recent months.

Nathan Moss, managing director of wealth management at the firm, said that investors have been "rattled" by the present financial conditions.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

 

 

UK Investments - Financial, Property & Other Investments - 1998-2008

Investments Newsletter

Investments Newsletter