Only 35% in financial services want to remain in EU: survey reveals

Just over a third (35%) of a combined group of financial professionals and investors based in the United Kingdom, want to remain in the European Union, according to survey conducted this week.

Financial data specialists Nianomi, collected the data across the last week, via its Marketviews brand, surveying finance professionals, private investors and general investors from the public.
The overall results from 1,169 responses concluded that 58% want to leave the EU, with just 35% planning to vote to stay. The remaining 7% said that they were unsure at this time.

Separating the respondents and focusing into what the survey called sophisticated investors (comprising of both finance professionals and private investors of which 71% of survey respondents fell into this category) there was a slight but ultimately insignificant lift with 56% stating their desire to leave the EU, 37% voting remain in the EU and, again 7% unsure.

The results are perhaps surprising given the dramatic drop in global shares, with more than £100bn wiped from the FTSE 100 over the case of this week alone and global markets reacting in a similar way. These concerns are however reflected in the data collected from those working in the City or financial services only

50/50 split with financial professionals only

Of the data collected of those working in the City or financial services only (these are users categorising themselves as working in banking, asset management, trading, financial advisors, government, analysts and consultants), the split was closer to 50/50, with 49% wanting to leave the EU and 49% wanting to remain in the EU.

Of those that expressed a desire to leave 59% predicted a better short term economic performance with 29% predicting a worse short term economic performance (12% were unsure).

Of those that wanted to remain 96% predicted a worse short term economic performance with less than 1% believing that economic performance will improve (3% were unsure).

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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