Fintech PR
What have been 2023’s leading investment trends? A comfortable pension for retirement, ESG credentials and financial independence – new survey data from CMC Invest reveals all
Censuswide research, commissioned by CMC Invest, uncovers how people invested in 2023. Notable discoveries include two-thirds of investors continuing to invest as usual despite the rising cost of living, three-quarters of the younger generations employing ESG investing, and Stocks & Shares ISAs being the favoured vehicle among investors.
LONDON, Dec. 11, 2023 /PRNewswire/ — With 2023 approaching its end, UK Investment platform, CMC Invest, is today releasing new data – based on surveying 2,002 investors in the UK (aged 18+) with £10,000+ investable assets, who have been investing for at least two years – showing investing behaviours throughout 2023.
This new data has uncovered some interesting findings. These include:
- Two-thirds (67%) of investors continued to invest as normal this year, despite the cost-of-living crisis.*
- Gen Z and Millennials have been investing more this year, despite nationwide economic pressures, with 58% and 47%, respectively, noting they have done so.
- ESG credentials still impact investment decisions, with half (53%) of investors saying they do consider ESG credentials before investing.
- Over half of all investors (58%) noted wanting a comfortable pension to retire to as a reason to invest.
- However, around one-fifth of Gen Z (22%) and 18% of Millennials choose financial independence as their top financial priority, compared to only 10% and 14%, respectively, prioritising retirement.
- Tax-efficient wrappers prove to be the most popular investment vehicles, with over half (52%) investing in a Stocks & Shares ISA, and 49% investing in a Cash ISA.
David Dyke, Head of CMC Invest, comments, “It’s been quite the year for investment markets. While investor goals are personal, it’s always interesting to take a step back and analyse how the industry has responded to challenges and opportunities.
While some in the industry have doubted whether ESG investing will persist, our data shows that younger generations are keen on it and proves the need for providers to offer genuine and transparent data on organisations so investors can make informed decisions – no matter what that may be.
Perhaps most surprising was the resilience of investors despite the rising cost of living. This perhaps shows that people are able to focus on the long term despite a year of rising interest rates and inflation. Taking that longer-term view can help investors ride out the wave of market stress.
When it comes to pensions, despite the benefits of prioritising saving for retirement from an early age, the data shows younger investors are not necessarily taking this path. Whereas it comes as little surprise that people nearing, or at the age of, retirement are still looking to top up the total amount in their pension pot.
At CMC Invest we are here to support our customers throughout their entire investment journey. To see this data reaffirms our belief of how important it is for us to remain with investors for the long term.”
Key Findings:
One-third of investors invested more despite the cost of living
The cost-of-living crisis, a topic that has dominated the news and people’s lives throughout 2023, hasn’t impacted the vast majority of investors, with over two-thirds (67%) of investors surveyed continuing to invest as normal – or even more than usual.
Over one-third of investors surveyed (37%) continued to invest the same amount as they did before the cost of living crisis, while just under one-third (30%) invested more. Gen Z and Millennials were the generations most likely to invest more, despite nationwide economic pressures, with 58% and 47%, respectively, noting they had invested more.
ESG is a consideration for most investors in the younger generations, while older generations admitted to overlooking it
Despite the ESG attitudes tracker showing that ESG investing has declined among UK investors, citing growing fears of greenwashing, the research shows that younger investors are leading the way with ESG. 79% of Gen Z investors surveyed consider or look at the ESG credentials of an organisation before investing, while 71% of Millennials say they make the same consideration.
Respondents over 43 years old admitted to overlooking the need to check ESG credentials, with 59% of Generation X, 71% of Baby Boomers, and 79% of The Silent Generation responding “no” to the question of whether they considered or looked at ESG credentials before investing in an organisation.
Retirement is a top priority for investors
The research shows that over a third (38%) of Gen X, almost three in ten (28%) of those aged 59-77, and one-quarter (25%) of retired investors, still consider saving for retirement as their leading financial priority. While over half of all investors surveyed (58%) noted having a comfortable pension to retire to as a reason to invest.
Around one-fifth of Gen Z (22%) and 18% of Millennials investors surveyed chose financial independence as their leading reason for investing, compared to only 10% and 14% prioritising retirement, respectively. More Gen Z respondents prioritise keeping on top of weekly costs (12%), potentially indicating that pre-planning isn’t possible in the current state of the market, and illustrating the long-term impacts of challenging economic conditions.
Stocks & Shares ISAs are the most popular investment vehicle
Tax-efficient wrappers prove to be the most popular investments, with over half (52%) investing in a Stocks & Shares ISA, and 49% investing in a Cash ISA. Just under one quarter (24%) of investors surveyed have cryptocurrencies, which means they are now more popular than ETFs, mutual funds, and investment trusts (22%) as well as property (23%). Gen Z (36%) and Millennials respondents (33%) drive this trend, with over a third of both generations holding crypto investments.
At the time of answering, the 2,002 investors in the UK (aged 18+) surveyed by Censuswide had been investing for over two years and had £10,000 or more of investable assets.
* ‘More’ and ‘Same’ answers combined
About CMC Invest
CMC Invest brings its global experience, trusted heritage, and disruptive culture to its customers – so that they can benefit from lower costs and greater long-term value in their investments.
The CMC Group was founded in 1989 in London, UK with over three decades of financial markets experience. CMC services clients from around the world with offices in 16 countries. The company is listed on the London Stock Exchange and is the second biggest stockbroker in Australia where they have won the prestigious Canstar award for Best Online Broker for 12 years in a row.
CMC Invest does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment.
CMC Invest is a trading name of CMC Markets Investments Ltd, which is authorised and regulated by the Financial Conduct Authority, registration number: 948126. Registered in England and Wales. Company number: 12816952.
For more information please visit – https://www.cmcinvest.com/en-gb/
Contact
For all media enquiries, please email: press@cmcinvest.com
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.
The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.
Event 1: TOKEN2049 Treasure Express
From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:
1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.
Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express
Event 2: Share and Unlock
From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit
Event 3: Meet us offline at TOKEN2049
Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit
An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).
As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.
“Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”
Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.
This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.
Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.
By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Fintech PR
Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series
LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.
Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.
This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.
These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.
This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.
Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”
Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”
About Integrum ESG
Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.
For more information, visit www.integrumesg.com
About CSRHub
CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.
For more information, visit www.csrhub.com
Media Contact
Harish Karunalingam
Integrum ESG
[email protected]
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