UK investors under 30 may be the driving force backing Britain’s businesses despite projected economic volatility, according to new research from SyndicateRoom. Despite more than half voting to remain in the European Union, over a quarter of UK investors – most of whom are under 30 – are now more determined to invest after the vote to leave result.
SyndicateRoom analysed sentiment and expectations of more than 1,000 retail investors in response to the result of the EU Referendum in June. Despite the uncertainty of the post-referendum economic climate, younger investors are more than three times as likely to invest more in 2017.
Of the additional capital investors plan to commit this year, 70 per cent is expected to be within the UK.
“The UK has a lot of to be proud of. Our market leading technology, fast evolving investor environment and first class talent, makes Britain the most attractive centre in the world for bringing technology and fintech companies to market. This remains the case, irrespective of Brexit”, said SyndicateRoom co-founder and CEO, Goncalo de Vasconcelos.
Ahead of bonds, commodities, and other less liquid assts, more than half of the surveyed investors still find equity markets the most appealing.
“The continued confidence we’re seeing from our next generation of investors is a glowing endorsement of these strengths. It’s clear that tomorrow’s investors are the future of Brexit Britain,” de Vasconcelos added. “With retail investment set to grow now more than ever, we need to ensure that this demand is channelled effectively to continue to support UK business, allow them to flourish and maintain the vital stimulus needed for a vibrant economy in the long term”.