Executive Summary (This is a document excerpt)

French investors are back online to research and buy stocks and investment funds. And we expect the number of online investors to continue to grow during the next five years — by 2011, 2.9 million French consumers will research investments online and 1.2 million will buy online. Growth will come from existing investors moving their offline activities to the Net, not from large numbers of new investors entering the market. Cheaper fees and improved research capability will also drive more investment buyers online through 2011. But a lack of strong economic growth and unexceptional online tools will limit the growth.

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