The start of the new tax year has led to renewed confidence in people looking to make investments in individual savings accounts (Isas), it has been claimed.
According to research by Barclays Stockbrokers Funds Markets, investment in Isas increased by 23 per cent in April compared to the previous month and this trend is continuing.
Chris Stevenson, associate director for the firm, said: "With apparent stability returning to the market it is encouraging that investors are beginning to get back in and are making the most of their new Isa allowance."
People seem to be focusing their investments on relatively risk free products, he added.
However, some are looking to profit from emerging markets as they look to find alternative ways to avoid market volatility in established markets, Mr Stevenson added.
Investments in funds that focus on Latin American and the commodities market have been proving popular, he stated.
Yesterday, Ariel Bezalel, manager of the Jupiter Strategic Bond Fund, claimed that investment bonds offered by large European and US banks could offer good returns.
People look to Isa investments, expert claims
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People look to Isa investments, expert claims
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