Over the previous year, private investors have shown the strongest sentiment towards UK asset classes, shares and property in particular, according to the Lloyds Bank Private Banking Investor Sentiment Index.

According to the monthly survey, the positive sentiment towards UK property rose dramatically by 50 points to 59% in March 2014, compared to merely 9% in March 2013. In addition, attitude towards UK shares also rose by approximately 25 points of the same period, from 16% to over 41%.

This is startling compared to other markets which saw very little change. US shares saw a seven point improvement while Japan shares saw a one point decrease. Emerging markets performed even worse with their shares suffering a three point decrease from this time last year.

Ashish Misra, head of investment policy, said: "The rise in shares versus the drop in gold over the past year is very interesting. It signals that investors are actively seeking better performing, but riskier, assets. This shows a level of confidence in their choices."

The Lloyds Bank Private Banking Sentiment Index took the outlook of 4,368 respondents, 1,209 of which were investors.