Local investors are less likely to do it alone

In the current uncertain investment climate, local investors are less likely to go it alone and prefer to seek expert advice. They also expect to generate higher returns over the next five years. According to the Schroders Global Investor Study 2022, the majority of investors, whatever their level of experience, will seek the help of a financial advisor or rely on the advice of fund managers. More than 23,000 investors at 33 locations worldwide were surveyed for the study, including 400 South Africans. The majority of participants have an intermediate level of investment knowledge on a spectrum ranging from beginner to expert. That…

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