Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Investing

THREE QUARTERS OF HIGH-NET-WORTH INDIVIDUALS PLAN TO INVEST MORE IN 2016

THREE QUARTERS OF HIGH-NET-WORTH INDIVIDUALS PLAN TO INVEST MORE IN 2016

Three quarters of high-net-worth individuals plan to increase contributions to their investment portfolios in the first half of 2016, reveals a new global poll.

 When asked “Do you intend to invest more in the first six months of 2016?”  76 per cent of clients contacted by deVere Group, one of the world’s largest independent financial advisory organisations, said Yes.

 14 per cent responded No and 10 per cent did not yet know.

 767 people with investable assets of £1m or more from countries including the UK, the U.S., Australia, the United Arab Emirates, Qatar, Hong Kong, South Africa and Switzerland were surveyed in January 2016.

 Of the findings, Nigel Green, founder and chief executive of deVere Group, comments: “The results of this poll clearly show high-net-worth individuals now have a strong appetite to use the cash that they have held in reserve to top up and diversify their investment portfolios.

 “The survey overwhelmingly demonstrates that they are aware of the opportunities to buy high quality equities at the prices they want to pay. They are seeing more favourable choices to boost their portfolios for the longer-term.

 “It is a sound investment strategy to put new cash to use in the market whilst prices are relatively low.  Capitalising like this on the attractive long-term performance of stock markets is a time-honoured way that investors can successfully build wealth.”

 He adds: “No-one can predict exactly what the markets will do in the immediate future and it’s too early to say if this is or isn’t the bottom of the market.  But our poll suggests that high-net-worth investors believe that it is close to the bottom and that there are major buying opportunities.”

 The deVere CEO concludes: “It would appear that many high-net-worth individuals kept their powder dry during 2015, as the markets rose then fell and as we braced ourselves for the first Fed rate hike in almost a decade. But any qualms they might have had last year are now countered by more attractive prices.

 “They are moving away from a preservation approach by diversifying their investment portfolios.  As shown by decades of financial market data, this is the correct approach to risk management.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post