Increasing numbers of investors are going green
Almost half of investors plan to devote more cash to companies helping the economy go green.
Research by metals exchange traded commodities provider Global Palladium Fund found UK retail investors are increasingly supportive of environmentally-friendly opportunities.
Its analysis found that 47 per cent plan to invest more cash in companies and funds at the forefront of the green revolution covering industries such as electric vehicles and solar panels.
Half of retail investors agreed that the drive for a net-zero economy and the focus on renewable energy and electric vehicles represents a good investment opportunity.
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The study found that 56 per cent of retail investors also believe gold and other metals are a good investment opportunity, with eight per cent disagreeing.
A third were unsure about investing in metals.
“The transition to a net zero economy is creating a range of investment opportunities, and investing in metals that play a pivotal role in this transition is one that many investors are starting to recognise,” Alexander Stoyanov, chief executive of GPF, said.
“What we are seeing now is that nearly half of retail investors are planning to increase their holdings in companies and funds associated with the sector – we call it the green investment revolution.”
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