According to research carried out by Aon Private Clients, investors have greater confidence in gold than they do in property in the current market climate.

The research found that 28% of investors were more confident in gold as a current investment opportunity compared to 20% who had confidence in property. Both of these figures were put into context when compared to the highest result, that 34% of investors found nothing in the current market to be confident in. Investing in shares was at 11%, with more investors showing confidence in art and antiques.

Bill Gloyn, chairman real estate Europe within the Aon Mergers and Acquisitions Group, still feels that property is a good investment for the future, he said: “Property, whether residential or commercial, has always been a safe, long-term, haven for investment. The current economic situation is beginning to reveal some attractive investment opportunities for those who want to purchase properties from distressed owners. Now is the time to be brave, possibly buying when there is still some downside to come but with the confident expectation that the future will prove extremely profitable.”