The Purse
The Purse
The majority of British investors are looking outside the UK for their investments and listen to our podcast with Helene Guillaume about women's health and healthtech
0:00
-1:01

The majority of British investors are looking outside the UK for their investments and listen to our podcast with Helene Guillaume about women's health and healthtech

Welcome to our #90 weekly newsletter.

“For women taking control of their financial future”

-Jana Hlistova


From The Purse


In this week’s newsletter, we focus on a survey of more than 1000 UK investors, who are looking away from the UK for their investments and over 20% are not holding any UK stocks.

The continued fallout from Brexit and Covid-19 has meant that UK investors are seeking higher returns overseas and also in alternative assets, such as cryptocurrencies.

And don’t forget to listen to The Purse Podcast with Helene Guillaume. She is the founder & CEO of Wild AI. We talk about women’s health, closing the gender data gap, investing in women’s health, female investors and more.

You can review the news in brief so you stay on top of global financial, economic and investing trends.

I hope you enjoy this week’s newsletter.

Until next week,

Jana


The majority of British investors are looking outside the UK for their investments

Over 20% of UK investors are not holding any UK stocks


According to a survey by uk.investing.com of more than 1000 UK investors, nearly 80% are looking away from the UK for their investments and over 20% are not holding any UK stocks.

The continued fallout from Brexit and Covid-19 has meant that UK investors are seeking higher returns overseas and also in alternative assets, such as cryptocurrencies.

Here is a summary of the survey results:

  • 66% of UK investors own investments in the States, followed by Europe (14%), China (5%), Canada (3%) and India (2%).

  • 29% believe the US dollar has the most potential over the next year (compared to 13% of investors who believe the pound sterling does)

  • 18% said that cryptocurrencies will be the next best alternative (to the US dollar).

  • From 2020, 67% of investors blame Brexit, 76% blame Covid-19 for the economic struggles, and 57% attribute rising employment gaps to Brexit and Covid-19.

  • 79% of investors believe that the economy will weaken in the coming year due to how Brexit was being implemented and only 40% cited the pandemic as an anticipated factor of future economic weakness.

  • Among those who thought that the UK economy would strengthen over the next year, 36% cited Brexit and 81% said that the economy would grow stronger because the pandemic will subside.

  • 42% of investors said that if they voted to remain in the EU a member of the European Union in 2016, but 52% cited that they would opt to remain in the EU if they could vote today.

With record low interest rates…

… investors are chasing better returns on investments such as equities and in stock markets, such as the S&P 500 and the Nasdaq (US) which continue to achieve all-time highs.

Investors are also seeking alternative and riskier investments. It is not surprising that more investors are looking to crypto to achieve outsized returns.

For example, bitcoin has (as of the time of writing) appreciated 300%+ in the last 12 months. And ethereum has gone up 900%+ in price. Compare this to European stocks which appreciated 10.3% whilst commodities increased by 36.7%, as reported by Cointelegraph.

The recent launch of the bitcoin futures ETF in the US attracted a record $1bn inflow of capital in the first 2 days which, according to macro investors like Raoul Pal, will encourage ‘mass adoption’ for crypto.

Read more:

  • According to research by crypto exchange Gemini (UK, published 2021), of the 13.5% of respondents (current or previous crypto investors), 41.6% are women. Of the 9.0% of those who are planning to invest, 40.0% are women.

Share


News in Brief


Financial news

Crypto: bitcoin, ethereum & DeFi


The Purse Podcast


We cover the following in our conversation:

  • Women's health

  • Closing the gender data gap

  • Investing in women's health

  • Helene's startup Wild AI

  • Female investors

  • And more!

Please enjoy! Listen on all podcasting channels including iTunes and Spotify.


Coffee Break? Read This



We’d love to hear from you. Get in touch with Jana via the The Purse website or tweet @jointhepurse and @janicka.

The Purse Ltd. Copyright 2021 & All Rights Reserved.

The Purse provides content for informational purposes only, we do not recommend products or services or provide investment advice. Please do your own research or speak to a financial advisor.

Share The Purse


0 Comments