The fall in the FTSE 100 since the Coronavirus outbreak is a ‘strong investment opportunity’, according to many investors.

Some 70% of investors believe that the falls in the FTSE this year represent a buying opportunity and about 21% of investors ‘strongly believe’ this to be true because many stocks are “hugely undervalued.” 

A new survey found that 8% of investors have cashed in some of their investments since the pandemic but most (78%) have taken no action to change their portfolios.

Some 11% say that they have invested more in the stock market.

The survey of just over 1,000 investors was carried out for ETF provider GraniteShares.

The volatility of markets has resulted in 22% of UK retail investors making adjustments to their portfolios. 

Will Rhind, founder and chief executive at GraniteShares said: “Since the Coronavirus crisis started, we have seen huge volatility in the FTSE 100 and other stock markets around the world.  Our research shows that while some investors have responded by adjusting their portfolios, most are just sitting on their hands through this roller-coaster ride of volatility.”

• GraniteShares commissioned market research company Consumer Intelligence to interview 1,025 people online between 27 and 30 March.