Investors to scramble further away from bonds into stocks

 
Michael Bow
Follow Michael
THE SHIFT out of bonds is set to continue as new figures out today show renewed appetite from UK investors for buying stocks over the coming 12 months.

More than a third of British moneymakers are planning to invest their hard-earned cash in securities over the next year, with over a half saying equities offered the best place for their money compared to 16 per cent for bonds, the poll from Schroders showed.

Booming equity markets – including an 11 per cent increase in the FTSE so far this year – is driving the rise.

“UK investors risk missing other growth opportunities by keeping large sums of money in cash-based savings,” Schroders’ Robin Stoakley said.

Despite this, the Eurozone crisis remains a concern, with two thirds citing it as a worry for their investment strategy,