Reported 8 months ago
A new report from the Capgemini Research Institute reveals changes in the asset allocation of high-net-worth individuals (HNWIs) with at least $1 million in wealth. In 2024, HNWIs reduced cash holdings and increased investments in bonds and real estate. The report notes a shift from wealth preservation to growth strategies among HNWIs, with cash levels decreasing to 25% of assets by January 2024. Additionally, the report highlights the increasing focus on fixed-income instruments and alternative investments by HNWIs, indicating a move towards growth and wealth preservation strategies.
Source: YAHOO