"These findings demonstrate a clear change of direction for regional investors, who are now willing to be more adventurous than ever in their investment decisions ... This is an opportunity for the region’s financial advisers to help nurture the investment potential investors can achieve, while at the same time educate to have a clear strategy in place."- Head of Distribution, NGAM Dubai
The study also revealed some other interesting statistics. For example, only 35 per cent of UAE investors say they actually have a plan in place, to help them reach their financial goals. Couple that statistic with the fact that 80 per cent of UAE investors say they do not have a strong investment knowledge, and what is shown is that there is an urgent need for UAE investors to work more closely with financial advisers. This is a huge opportunity for financial firms to capitalize on the inherent need for their services in the region and they must do a better job to encourage investors to seek their advice and strategies.
It would seem that now, more than ever, it is critical that investors seek financial advice in order to give themselves the best chance of achieving long term investment success. UAE investors, like so many others around the world, are concerned with generating the biggest returns on their investments and many are now realizing that they may have to seek professional help in order to increase their odds. More and more UAE investors are discovering that when it comes to investing, it is always recommended to learn about investments before making a commitment, of any kind or size. It is paramount that inexperienced investors seek out the advice of experienced investors and financial advisers, to avoid unnecessary risk and reach their goals.