Retail investors are confident in the long-term performance of their portfolios despite uncertain macroeconomic conditions, research has found.
A survey from investment platform EQi revealed that 37 per cent of its investors remain confident about the performance of their investments over the next six months. This increased to 66 per cent of investors over an 18-month period.
61 per cent of investors reported that the pandemic had not impacted their appetite to risk.
30 per cent of the 285 EQi investors surveyed said have left their investments alone, whilst 28 per cent continued to buy and sell. Just two per cent said they had purely sold off investments during the outbreak.
“While the news might often seem to be full of doom and gloom, there is a sense of optimism among EQi investors that when we finally get a handle on managing the impact of Covid-19, economic performance and the companies that underpin it will recover,” said Richard Pearson, director at EQi.
“The government announcing that more retailers will be able to open come 15 June provides some much needed hope for the future but, with experts predicting further pockets of infection in the coming months, it is still worth preparing for more ups and downs ahead.
“We all know investing is a long-term game but, as we move through the next stage of the crisis, keeping this focus will be more important than ever.
“Despite the difficult short-term outlook, people know from experience that we will see the other side of this crisis, just like any other, and that their investments will balance out once again in time.”