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Article: Midland investors put their money on a stock market revival.(News)
- Article from:
- The Birmingham Post (England)
- Article date:
- August 20, 2008
CopyrightCOPYRIGHT 2008 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: By Anna Blackaby Business Staff
Midland investors are standing by their stock market investments despite a new survey claiming many are turning their back on the FTSE.
On a day when the FTSE 100 Index slumped more than two per cent, a survey from Lloyds TSB suggested 40 per cent of West Midlands investors had moved some of their money into safer investments, such as cash or bonds, in the past six months.
But investment advisers in the Midlands said their experience was that clients were keeping their ...