A third (33%) of UK retail investors are looking for alternative investments amid concerns over the government’s economic policy, says Shojin.
According to research by the investment platform, younger investors aged between 18-34 were even more inclined to look at alternative investments (59%) amid concerns over the government’s handling of the economy.
The research also found that three in ten (30%) investors said the fact that the UK seems poised for a lengthy recession is leading them to consider alternative investment assets.
When questioned about the resilience of alternative assets in the economic climate, 29% of investors believe alternative assets are less likely to feel the impact of political and economic disruptions.
However, despite growing interest, 60% of investors admitted that they find it difficult to determine the best way to gain access to alternative asset classes.
Jatin Ondhia, CEO of Shojin, said: “While alternative investment strategies have been steadily gaining traction in recent years, our research shows there is a renewed emphasis on diversification strategies motivated by concerns over inflation, interest rates, recession and the government’s economic policy. This is likely to accelerate alternatives’ move into the mainstream.
“However, the research also revealed there is a significant knowledge gap among investors, which is impacting their exposure to alternative asset classes. As ever, investors will need to conduct thorough due diligence, consider their risk appetite, weigh up their strategies and choose investment partners carefully to ensure their portfolio aligns with their investment goals, particularly in the current climate.”
