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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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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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