UK investors are increasingly looking to the US and trading shares listed on markets over there, according to research from ETP issuer GraniteShares.
The study found that 37% of regular UK stockmarket investors plan to increase the value of their trading in US-listed stocks over the next three years, with around 6% estimating the value of their US trading will increase dramatically.
A key factor causing UK investors to look across the pond is the availability of single stock ETPs listed in London, which track US-listed firms, according to GraniteShares.
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Some 34% of retail investors surveyed say they plan to use them in the year ahead, with half of those saying they will try them for the first time and half saying they will make more use of them.
Will Rhind, founder and CEO of GraniteShares, said: “US markets have easily outstripped UK markets recently and are home to most of the top stockmarket performers including the tech and AI giants.
“Single stock ETPs are increasingly attractive to UK investors looking to amplify gains on the top performing stocks as well as to hedge portfolios and the signs are more will be using them in the future.”
