Robo.cash notes that since the beginning of 2022, P2P investments have increased their share in investor portfolios (considerably more than other assets).
At the same time, when planning their future expenses, investors still “trust stocks more,” the team at Robocash wrote in a blog post.
Against the backdrop of a market downturn, “more than half of European P2P investors have already reshaped their portfolios,” the update from investment platform Robo.cash revealed. Compared to other assets, the share of P2P investments “showed an increase for the majority of respondents (42%).”
Robo.cash analysts also mentioned:
“It is likely that in the current conditions of global instability, investors choose P2P based on the combination of profitability, security guarantees and ease of use. Cryptocurrency reduced its share in investor portfolios the most (23%), which is explained by the protracted drop of quotations.”
“When comparing investor portfolios in 2021 and 2022, P2P investments also come out on top with a total share of 26%. ETFs show the largest decline in popularity (from 25% to 2%). Apparently, this is a direct consequence of the general decrease in the stock markets.
Speaking about future plans, 20% investors “expect to increase the share of P2P investments in their portfolio further.”
In their turn, 23% of respondents “plan to buy more shares.”
The analysts added:
“Most likely they believe in the near recovery of the world economy and that now is the best time to buy promising securities.”
Last month, Robo.cash had commented on the developments in the Fintech and P2P ;ending sector in Europe.
As noted by Robo.cash, the UK Government is currently dealing with a political crisis with over 50 parliament members resigned from the government “in protest” of Prime Minister Boris Johnson’s leadership.
Many events, like the Chris Pincher affair, raising taxes amid inflation, the “partygate” scandal, and the lack of proper governance have “created doubts about Johnson’s leadership among party members.”
British Finance Minister Rishi Sunak and Health Secretary Sajid Javid were “the first to resign, with many other party members following suit.” Finally, Boris Johnson announced his resignation, “leaving the Conservative party to appoint a new prime minister.”