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Komfie Manalo, Opalesque Asia: A study by global asset management AMG Funds, the U.S. retail distribution arm of
Affiliated Managers Group, about the wealth management trends in America
has found that affluent investors would benefit from education on
alternative investments as most of them have admitted to knowing little
or nothing about the industry.
The study added that the admission creates an opportunity
for advisors to provide education to these affluent investors on
alternative investment products.
AMG Funds surveyed affluent investors with over $250,000 in household
investable assets, who either make or share in making household savings
and investment decisions between September 10 and 16, 2015. Those polled
include 980 respondents, aged 18 years old or older, through an online
consumer panel. AMG added that for the purposes of their study, they
defined alternative investments as investments other than stocks, bonds
or cash (e.g. hedge funds, private equity, real-estate funds, and other
non-traditional investments).
AMG stated in its findings, "Only one in ten respondents feels highly
confident in selecting these investments without the guidance of a
financial advisor. Although more than half (54%) of respondents indicate
that alternatives are a 'mystery,’ nearly half (47%) of investors wish
they knew m...................... To view our full article Click here
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