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HNWI Investors Remain Cautious – Firms and Advisors Incorporating Behavioral Factors into Investment Strategies
In spite of stock market rebounds and emerging signs of recovery in various economic indicators, wealthy investors have not rushed to chase performance or seize risky market opportunities, according to the 14th annual World Wealth Report, released today by Merrill Lynch Global Wealth Management and Capgemini. High net worth individuals (HNWIs)(1) have remained cautious and point to effective risk management (90 percent), transparency and simplicity (93 percent), and specialized advice (93 percent) from firms and advisors as top priorities in the current environment. HNWIs are especially keen as they work more actively with their advisors to properly understand the...
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