Apr 11 2008
Investors in equity-linked individual savings accounts (Isas) are still prepared to take risks despite the recent turmoil in financial markets, it has been revealed.
A report from Skipton Financial Services has shown that emerging markets have been attracting considerable interest from investors who are prepared to put their cash into relatively unproven funds.
Isas are often used as a way of saving for children and according to Skipton, four of its five most popular equity investment funds are focussed on emerging markets.
"It is remarkable that, despite the volatility of the global equity markets, our clients are putting their faith in emerging markets and commodities funds," said Simon Holt, managing director of Skipton Financial Service.
"Clearly the more sophisticated investors understand the buying opportunities and the benefits of buying cheaply into long-term growth potential."
Earlier this week, Family Investments reported that British women tend to take responsibility for saving for children more often than their male counterparts.
