Renewable energy is top investor choice in UK, survey finds

Almost one third of UK investors questioned in a survey from GraniteShares have chosen renewable energy as their top investment sector for long-term gain.

US exchange traded funds (ETF) provider GraniteShares asked 1,560 UK investors which sectors they would put their money for long-term gain over the next year, and 30% chose clean energy.

The poll found that renewable energy is similarly popular with men (29%) and women (31%) and it also transcends investment philosophy, according to GraniteShares.

“For example, active traders, those that are simply looking to make an opportune gain, place as much emphasis on renewables as those investors that act with a specific ethical investment philosophy – 33% and 36%, respectively,” said the ETF provider.

GraniteShares chief executive and founder Will Rhind said: “Despite the context of unprecedented market uncertainty in the UK at the moment, it is positive to see so many investors taking conviction views for the year ahead.

“The rising popularity of tech brands we expect to continue and the focus on renewable energy reflects concern over one of the biggest issues that the planet faces today.”

@RGNonline