Investor sentiment drops to lowest level since May 2013

Gold shines as 'safe haven' asset

Investor sentiment fell to its lowest level since May 2013 in September, a Lloyds Private Bank survey has revealed, on the back of growing concerns over China.

The monthly Lloyds Bank Private Banking Investor Sentiment Index measures net investor sentiment towards an asset class, showing the difference between those with a positive and a negative outlook for the next six months. The results from September's survey reveal overall monthly investor sentiment has dropped to just 3% from 12% this time last year. This month has seen the largest drop in overall sentiment since March 2013, when the Lloyds Bank Private Banking Investor Sentiment Index began. This comes after concerns about the slowing of China's economy and the impact of currency ...