Advertisement
U.S. markets open in 5 hours 12 minutes
  • S&P Futures

    5,303.75
    -4.50 (-0.08%)
     
  • Dow Futures

    40,094.00
    -50.00 (-0.12%)
     
  • Nasdaq Futures

    18,491.50
    -12.25 (-0.07%)
     
  • Russell 2000 Futures

    2,133.80
    -4.60 (-0.22%)
     
  • Crude Oil

    81.86
    +0.51 (+0.63%)
     
  • Gold

    2,212.00
    -0.70 (-0.03%)
     
  • Silver

    24.55
    -0.21 (-0.84%)
     
  • EUR/USD

    1.0794
    -0.0035 (-0.32%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    12.94
    +0.16 (+1.25%)
     
  • GBP/USD

    1.2609
    -0.0029 (-0.23%)
     
  • USD/JPY

    151.4040
    +0.1580 (+0.10%)
     
  • Bitcoin USD

    70,410.75
    +466.34 (+0.67%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,950.89
    +18.91 (+0.24%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Most UK Financial Advisers Would Steer Clear of Crypto and Meme Stocks: Poll

More than 90% of U.K. independent financial advisers (IFAs) say they would never recommend crypto or meme stocks as investments to their clients, according to a poll by Opinium.

  • Of the 200 IFAs surveyed by Opinium, 93% would not recommend investing in crypto, according to reports Wednesday.

  • Meanwhile, 95% would not recommend so-called meme stocks, such as GameStop. The video-game retailer’s shares surged from $18 to $483 in January, driven by Reddit forum WallStreetBets.

  • Furthermore, 91% would be concerned if a client said they were investing in such assets.

  • Only a third of respondents reported witnessing an increase in interest from clients in crypto in 2021, while 14% have seen increased interest around meme stocks.

Related Stories

Advertisement