FT: Wealthy investors still like risk - Spear's Magazine

FT: Wealthy investors still like risk

More than a third of wealthy investors earning over £50,000 a year have not reduced their attitude to risk because of the recession, according to a recent study by HSBC Wealth Management.

From the Financial Times:

More than a third of wealthy investors earning over £50,000 a year have not reduced their attitude to risk because of the recession, according to a recent study by HSBC Wealth Management.

The research revealed that almost 25 per cent of those who consider themselves well informed about investment options said their appetite for risk actually increased during the economic downturn.

The majority of the 500 investors questioned for the survey said they would consider investing their money outside the UK with almost half saying that they had already done so and the majority of those people saying they would do so again.

“It wasn’t that long ago that some investors were shunning international stocks due to a fear of the unknown. Now it’s really encouraging to see that a high percentage of UK investors are keen to invest beyond their borders,” said David Wells, head of investments at HSBC Wealth Management.

To read the full story, visit ft.com



 

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