Half of UK investors have either made alternative investments this year or are considering doing so before the end of 2023 as they seek options to beat inflation, new research from Shojin has indicated.
The findings revealed that 18% of UK investors have made alternative investments in 2022, with the figure rising to 41% among those aged between 18 and 34.
Shojin stated that a further 32% are either considering making alternative investments within the next six months (17%) or in 2023 (15%).
The investment platform commissioned an independent survey among 690 UK adults, all of which have investment portfolios worth in excess of £10,000. This includes all forms of investments but discounts their savings, pensions and property used as a primary residency.
Shojin’s study also showed that two in five (39%) investors are more likely to consider alternative investments as a result of the high-inflation environment. Inflation hit a 40-year high of 9.4% in July and the Bank of England expects it to reach 13% in late 2022.
“With inflation topping 9% and likely to rise further in the months to come, many investors are evidently weighing up their strategies carefully,” said Shojin CEO, Jatin Ondhia. “Tellingly, our research shows that half of UK investors, and even more younger ones, have made or are considering alternative investments in the current climate.
“Investors of all shapes and sizes will currently be evaluating different assets, markets and methods of investing – many will be seeking options which might stand a better chance of delivering returns that can either keep pace with or exceed the rate of inflation.
“As ever, thorough research will be crucial so that investors make informed decisions to try meet their short, medium and long-term goals. This is likely reflected in the fact that while 18% have made alternative investments in 2022, a much higher number (32%) are still evaluating this option, which is positive to see.”
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