You are here: Home - Investing - Experienced Investor - News -

High-net-worth investors see ‘major buying opportunities’ now

0
Written by: Paloma Kubiak
04/02/2016
More than three quarters of high-net-worth individuals plan to invest more in the first half of 2016 as they believe the market is “close to the bottom” meaning “major buying opportunities” exist.

As part of a new global poll which asked those with investible assets of £1m-plus whether they intend to invest more in the first six months of 2016, 76% said “yes”.

The poll, which surveyed 767 people from countries including the UK, US, United Arab Emirates, South Africa and more, found that 14% said “no” and 10% said they didn’t know yet.

Conducted by financial advisory firm deVere, the founder and chief executive said high-net-worth individuals now have a “strong appetite” to use the cash they have held in reserve to top-up and diversify their investment portfolios.

Nigel Green said: “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 added that while no-one can predict exactly what the markets will do in the immediate future, high-net-worth investors believe it’s close to the bottom leaving them with major buying opportunities. “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.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
BLOG: Three reasons to be cheerful in a low-growth world

Low inflation, low default rates for investment grade fixed income, and the lower likelihood of a hike in interest rates,...

Close