Local investors less likely to go it alone

Local investors are less likely to go it alone in the current uncertain investment climate and will rather seek expert advice. They also expect to realise higher returns over the next five years. According to the Schroders Global Investor Study 2022, the majority of investors, regardless of experience, will enlist the help of a financial adviser or lean on the advice of fund managers. The study surveyed more than 23 000 investors from 33 global locations, including 400 South Africans. The majority of participants have an intermediate level of investment knowledge on a spectrum ranging from beginner to expert. The…

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