Fund investor sentiment falls to record low

Lower than Q3 2020

Fund investor sentiment has plunged to a new low as inflation continues to surge, dropping to lower levels than during the coronavirus pandemic.

A survey from Boring Money conducted between the end of June and start of July found that sentiment was lower among investors than the previous trough recorded in the third quarter of 2020. The survey of 1,500 fund investors also found that UK equities remain the most popular asset class, with 28% of investors reporting intentions to increasing holdings over the next year. However, UK equities also saw the largest fall in future confidence, down from 40% in Q2 2020 and 35% this time last year. UK inflation reaches 9.4% in June Holly Mackay, CEO of Boring Money, said: "Sentiment ...