Don't discount equity investments, says adviser

With the FTSE 100 enjoying its strongest quarterly performance in 25 years, a financial expert has urged people to consider equity investments once more.

The FTSE 100 reached 5,134 on Wednesday (September 30th), closing at 20.8 per cent above the July 1st opening figure of 4,249 after the global economy began to climb out of recession.

Hugo Shaw, investment manager at Bestinvest, said that although it will still take time for the ’boom days’ to return for an extended period, new markets for investment are ripe for investigation.

’Equities shouldn’t be discounted - there’s certainly still potential to make money and get a decent income from them,’ he commented.

Mr Shaw’s comments follow a survey by Prudential, which found that one in four investors - potentially 11.9 million people - are currently ruling out equity investments due to a lack of confidence in the stock market.

The report revealed that approximately 12 per cent of investors say they have no confidence in the stock market over the next year.
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