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Global warming is starting to impact upon investors' decisions, a UK study shows.
A total 62 per cent of active investors say global warming could affect their investment decisions, following the UK's warmest 12-month period on record.
Some 14 per cent of 1000 active investors polled by Britain's Association of Investment Companies (AIC) said climate change would definitely affect their investment decisions and 48 per cent said it might do.
Annabel Brodie-Smith, communications director at the AIC, said: "With 2007 predicted to be the warmest year ever, it's obvious that global warming has become an issue for active investors."
The research, also undertaken among 2000 members of the general public, found that the public's biggest financial concern is another interest rate rise (19 per cent), whereas active investors' greatest worry is a stock market crash (36 per cent).
Some 71 per cent of active investors plan to use their individual savings account (ISA) allowance this year, compared to 31 per cent of the general public, the studies found.
The research was conducted online by YouGov amongst 2374 adults and by Hemscott amongst 1017 private high net worth investors.
- REUTERS
