Gilts  

Advisers see surge in gilt enquiries

Advisers see surge in gilt enquiries
Gilts were more popular in 2023, AJ Bell found. (AlphaTradeZone)

Advisers have seen a substantial increase in the number of gilt-related queries from clients in the past year.

Figures from AJ Bell showed 51 per cent of advisers saw an increase in enquiries about gilts in 2023 compared with the previous year. 

Almost a quarter of those asked said they were more likely to use gilts directly in 2023. 

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Mark Rendle, AJ Bell Investcentre product director, said: "In the past year, we have seen a substantial increase in gilt holdings on the platform, which shows how quickly advisers are adapting to meet the needs of customers as the economic environment changes.

“The fact over half of advisers saw an increase in the number of gilt-related queries in 2023, with a quarter stating that they were more likely to use gilts going forward, shows this trend isn’t going anywhere soon."

However, 41 per cent of the 243 advisers surveyed did not see an increase in the queries.

On the Investcentre platform two of the top 10 investments were short-dated gilts in 2023, with one even taking the top spot. 

AJ Bell said the increased demand from clients has led to it launch online gilt trading on its advised Investcentre channel, which went live last week. 

Rendle added: “Making gilt dealing available online to advisers should improve ease of access to this important asset class at a time when advisers expect gilt usage to increase.”

tara.o'connor@ft.com

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