MFS

53% would rather invest in traditional asset classes




Over half of UK adults (53%) would rather invest in traditional asset classes such as property in 2018 instead of new classes, for example cryptocurrencies, according to the latest research.

The UK’s Property Investor Intentions 2018 report by Market Financial Solutions (MFS) surveyed more than 2,000 UK adults to find out their financial strategies for the year ahead.

The study found that 63% of respondents regarded property as a safe and secure asset in the current market, while 18% said they would consider investing in one or more properties over the next 12 months.

Just 15% said they were actively looking to invest in newer, alternative asset classes over the next 12 months.

When asked by Bridging & Commercial earlier this month if bitcoin could be used in bridging, Paresh Raja, CEO of MFS, said lending on bitcoins was not fully governed and, therefore, a regulatory risk.

The MFS survey found that 77% of investors felt that Brexit was unlikely to impact their long-term investment strategy, but 58% said they had less confidence now in the strength and unity of the UK government than they did at the beginning of 2017.

MFS found that changes such as elections, cabinet reshuffles, Brexit negotiations and fiscal statements had impacted the financial markets and affected investors who played a role in supporting most industries.

Millennials were revealed to be the most disheartened by the government, with two out of three investors aged between 18 and 35 noting that they had lost confidence in the government.

Meanwhile, 23% felt their investment decisions in 2018 were more likely to take account of international politics rather than UK-based events.

The lender said that having a financial strategy to take advantage of this year’s unfolding trends was vital.

The full MFS report is available on the Bridging & Commercial Reports page.

Leave a comment