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Wealth management assets hit all-time high
by Emma Dunkley on Mar 11, 2013 at 11:31
Nonetheless, collective investments were the fastest growing trade type in the fourth quarter, rising 17.6% versus the previous quarter.
UK cash market trades remained steady quarter on quarter – up 2% – despite the very low volumes in December, taking total trade volume growth to 3.4% quarter on quarter.
The popularity of derivative trading continued to decline, with contracts for difference trades down 7.6% and spreadbet trades down 20.5%.
In terms of asset allocation trends, gilts and the less risky fixed income investments were not as popular in the fourth quarter, while overseas equities had the highest purchase content, for the first time in seven quarters.
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