The proportion of retail investors holding equities increased significantly in the last three months, while those holding cash assets fell, according to data from the latest quarterly Retail Investor Beat, from online broker eToro.
In the study of 10,000 retail investors across 12 countries, those holding stocks listed in their local market grew by more than 10%, from 49% to 54%, while the increase in retail investors holding internationally-listed firms was even more significant, jumping 16%, from 31% to 36%. Meanwhile, those holding cash assets fell from 69% to 67%.