Barclays Companies launches new online tool to assist investors make their very own choices
- Barclays launches 'Investment Selector' tool made to help investors select from individuals opportunities provided by Barclays Companies which most carefully reflect the danger and reward profile they have recognized his or her own
- A new study implies that over three-fifths of ISA investors have purchased online
- Over half (51%) of investors want to make their very own options if this involves stock exchange opportunities
Barclays Companies has introduced it has released 'Investment Selector', an online investment tool, which is made to enable self-directed investors to simply access a range of items, and packages that's in conjuction with the risk and reward profile that they have recognized his or her own. It has become open to mark the start of the 2010 ISA season.
Targeted at self directed investors, who wish periodic help when selecting opportunities but don't believe they require the assistance that the agent offers, the ability points investors towards balanced investment packages or items that many carefully match their very own attitudes to risk and reward. It will this by asking them a number of questions which let them identify their very own risk profile, and various kinds of investment return needed. This isn't an alternative to investment advice and it is something created for investors who've the confidence to create their very own choices.
A new study- from Barclays Companies, which coincides using the launch of Barclays Investment Selector, discloses that almost sixty-six per cent (65%) of current ISA investors would welcome an online investment tool which may enable them to to create their investment choices without taking on the price of advice. Of those investors 58% have consulted a completely independent financial agent and 77% happen to be trading directly online.
It's also just as one growing trend for investors to create their very own investment choices, with more than one half (51%) stating that they previously make their very own options if this involves stock exchange opportunities along with a further 1 in 6 (17%) proclaiming that they would like to become more active in the process. Many of the pertinent because 46% of investors claim they have arrived at exactly the same conclusion being an IFA when creating investment choices.
Amy Nauiokas, MD and Mind of Barclays Companies said: "For a long time we now have seen people adopting the online revolution in just about all facets of their lives - we settle payments and bank online, we book holidays and do our food shopping on the web. Online trading may be the next logical step, and although a number of our clients think nothing to do this regularly, Barclays Investment Selector can help bridge the space for individuals a new comer to direct trading as well as for individuals less experienced. You will find there's huge variety of items available, and Investment Selector continues to be made to help clients easily choose a range of opportunities that could be satisfactory - it might even highlight items that they have formerly disregarded. We appreciate our clients prefer to perform a lot that belongs to them research and will also only increase their range of tools on our site to advertise informed making decisions."
In addition, the study also shows that online opportunities have become progressively well-liked by over three fifths (62%) of participants saying they've used online services previously, 44% of these regularly trading and looking at their opportunities in by doing this.
Investment Selector supplies a menu of each and every investment product on Barclays Funds Market - including individual funds and fund baskets, Investment Notes, investment trusts, individual shares, propagates and CFDs in each and every sector.
