Investor strategy not determined by US elections
According to the Halifax Share Dealing survey, only one in five investors are likely to change their strategy as a result of this week’s US Presidential Election.
Damian Stansfield from Halifax Share Dealing, said: “It is interesting that so few investors will reconsider their strategies following this week’s US Presidential Election – it is possible that most investors have factored in the potential effects already, in order to minimise risk.
“However, we are likely to see an indirect impact over the coming months, as the result of the election will have widespread repercussions.
“Wider investment trends don’t seem to be changing, as energy and mining is still the most popular current investment, with financial services in a close second.
“This doesn’t look set to change anytime soon, as investors have indicated they will look to these same sectors over the coming months.”
More than half of the same investors surveyed believe that foreign policy has a direct influence on the value of the FTSE 100.
Over 80% of investors have consistently stated that UK government policy has a direct impact on the value of the FTSE 100.
The latest figures show that 70% of investors think interest rates have an effect, and 69% believe that rising inflation impacts the value of the FTSE 100.
Energy and mining continues to be the most popular sector for investment. Those questioned currently invest in:
• 71%: Energy and mining
• 64%: Financial services
• 42%: Consumer and retail products
• 40%: Consumer services
• 36%: Computing and IT
The top three sectors for investment look set to receive the majority of attention over the next six months too, as those questioned are intending to invest in:
• 58%: Energy and mining
• 42%: Financial services
• 34%: Consumer and retail products