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ISA investors turn to equities

ISA investors turn to equities

Category: Savings

Updated: 10/03/2009
First Published: 09/03/2009

MONEYFACTS ARCHIVE
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Investors are increasingly turning to equities as a result of the ongoing decline in cash interest rates, a survey has found.

Over a quarter (27%) of ISA investors surveyed said they intended to increase their exposure to equities as a direct consequence of the returns on cash plummeting to record lows, according to Barclays Wealth.

Despite the ongoing volatility in the markets, almost two thirds (63%) of investors predicted shares would be the asset class that generated the best returns in the coming year.

"Our research shows cash is no longer king," said Barbara-Ann King, head of investment strategy. Almost half of those polled said they had already invested their full ISA allowance for the current tax year

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