UK investors ‘remain calm’ about P2P despite financial impact of the pandemic
Peer-to-peer investors from the UK are among the calmest about their investments despite the impact of the pandemic on their finances, research claims.
A poll of 3,000 investors by Lithuania-based P2P lender PeerBerry, found three quarters of UK investors admit the pandemic has had an emotional or financial impact on their lives, yet half are still optimistic about their P2P investments.
Investors from the Netherlands and Germany are the most calm about their P2P investments, with more than half optimistic about their returns.
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Those from the UK, Lithuania, Romania, Spain, and Bulgaria are also optimistic, with between 46 and 48 per cent in these countries keeping a positive approach to investments.
Clients from Spain and Finland are the most worried about the second wave of the pandemic, with 33 per cent concerned, while the Dutch are the least worried at just 17 per cent expressing concerns.
Almost half of all investors, 46 per cent, said they intend to increase their P2P investments but 26 per cent are concerned about the consequences of a second wave of coronavirus infections and restrictions.
Another 28 per cent said they would wait for the situation in international markets to stabilise before adding to their portfolios.
Read more: Two in five will ‘never invest’ but property still beats stocks and shares