A third of those British investors surveyed said they were unsure how the FTSE 100 would perform over the next year, while a further 30 per cent said the index would be range bound (+/-5 per cent).
Of those that think London’s leading index will rise, 23 per cent said it will rally by as much as 15 per cent in the next year, while 4 per cent of those surveyed believe it will surge beyond 15 per cent.
eToro’s Global Markets Strategist, Ben Laidler, said: “While the FTSE 100 may not be ‘sexy’, there are plenty of world-class firms listed in London and the sort of companies that should do well in an economic recovery like we’re in at the moment.
“Our data suggests that domestic UK investors are waking up to that, and at such attractive valuations, it’s easy to see the appeal."
simoney.kyriakou@ft.com
