Wealthy Chinese to double allocations to alternatives and equities
And appetite for risk among wealthy Asians is set to rise in the next two years, with many likely to seek financial planning and advisory asset-management services, according to a Datamonitor survey.
Asia-Pacific high-net-worth individuals will boost their investment allocation to riskier assets such as alternatives and equities in the next two years, according to a survey from London-based research firm Datamonitor. They also rate advisory asset-management and financial planning as the services they will seek the most in that period.
Datamonitor spoke with 160 wealth managers in Europe and 84 in the Asia-Pacific region, in China, Hong Kong, India, Singapore and Taiwan.
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