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September 26, 2016 | 14:15 | Dubai
Nine out of ten UAE investors in a survey said they have become more risk aware due to the last 12 months of market volatility, while 64% of respondents said they now have a good or strong understanding of risk, which is a clear indication that investors are becoming more knowledgeable and more market aware, says a joint report financial solutions provider, Old Mutual International, and investment management firm, Quilter Cheviot. This increased understanding and awareness of risk is also directly affecting their appetite for it in their portfolios. 89% recognise the importance of matching investments to their individual appetite for risk. The report revealed the oil slump and other recent market volatility has led to investors having an increased awareness of risk and a far greater understanding of where their money is invested.
However, the study also revealed that only roughly half of the investors surveyed see the oil price as the main concern and although most received a lower return than expected in 2015 they do not expect that to be the case this year, suggesting a very optimistic view of their investment portfolios for 2016. The investment research was aimed specifically at investors living in the UAE who have a minimum of US$50,000 invested and use the services of a professional, such as a financial adviser or investment manager, to invest in the stock market.
This increased understanding and awareness of risk is also directly affecting their appetite for it in their portfolios, the report said, with 89% recognise the importance of matching investments to their individual appetite for risk.