Investors Hold On Despite the Market Crisis

Summary


MONEY manager Hargreaves Lansdown says private investors are holding their nerve in the face of stock market turbulence, for now at least.

But Stephen Lansdown, chairman of the self-invested pensions provider, which manages more than 10bn-worth of savers' assets, warned that the US housing crisis could still cause a mass stampede out of shares.

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Extract


Investors Hold On Despite the Market Crisis

The FTSE 100 has lost 6pc since its June peak, with fears UK banks who gorged on complex debt i...

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