Swissquote Survey Finds Luxembourg Investors Increasingly Turning to AI

On Wednesday 1 July 2026, Swissquote Bank Europe published the results of its latest Investment Survey, conducted in partnership with ILRES, revealing that the use of artificial intelligence (AI) among Luxembourg investors has nearly doubled over the past year.

The proportion of retail investors using AI tools to inform their investment decisions increased from 31% in 2025 to 58% in 2026. Swissquote noted that investors are increasingly using AI for research and sentiment analysis, stock fundamentals analysis, and portfolio analysis and risk assessment.

Among investors using AI, research and sentiment analysis emerged as the most common application (23%), followed by stock fundamentals analysis (19%) and portfolio analysis and risk assessment (18%).

"The near-doubling of AI adoption among Luxembourg investors in just one year is striking, and reflects a broader shift in how people are engaging with their wealth," said Jeremy Lauret, Chief Commercial Officer at Swissquote Bank Europe. "What is particularly notable is that investors are not just using AI for surface-level research. Nearly one in five are now turning to it to analyse portfolio risk, suggesting that AI tools are increasingly being used for more advanced investment-related tasks."

The survey also found that investor confidence has improved compared to last year. Overall confidence in the market outlook increased by six percentage points to 32%, while the share of respondents expressing little or no confidence fell by eight points to 25%. Despite the improvement, 56% said they did not intend to change their current investment plans, favouring a long-term approach over rapid portfolio repositioning.

Equities have regained favour, with 54% of respondents expecting stocks to be the best-performing asset class, up from 47% last year. At the same time, sentiment towards the United States improved, with 31% expecting US markets to outperform, while confidence in Europe declined sharply from 28% to 11%.

"The complete inversion of sentiment between US and European markets reflects a pragmatic, macro-driven assessment by local investors," added Jeremy Lauret. "The US continues to benefit from structural insulation, most notably domestic energy independence and an unyielding lead in the global AI infrastructure race, which naturally fuels higher growth expectations. Europe, by contrast, faces tougher headwinds from persistent energy cost volatility and a widening technological gap."

The survey also highlighted changing investment themes. AI and automation remained the sector attracting the most interest (42%), followed by energy and natural resources (38%), while defence and aerospace emerged as a significant new focus at 33%. Meanwhile, enthusiasm for cryptocurrencies cooled, with 43% of respondents saying they would never invest in digital assets.

In terms of Luxembourg's property market, sentiment remained cautious. Only 18% of respondents believed it is currently a good time to invest in local real estate, down from 24% in 2025. Meanwhile, 21% preferred to wait until at least 2027 to reassess market conditions, while 41% viewed Luxembourg's property market as overvalued and would only consider investing following significant price corrections.