The super rich (UHNWI) remain “bullish”. HNWI Investments remain still allocated to public/private equity.
“Cash and Public Equities both experienced marginal increases to their allocations over the third quarter. Cash increased one percentage point to 11%, which is below the 13% median allocation for the category since TIGER 21 began recording this data, yet two percentage points above a low of 9% in 2008. The Public Equities category continues to hover around its median percentage of 23%, trending between 23% and 24% over the past year.”, according to the Tiger 21 member asset allocation Q3-2013.
Source: Q3-2013 Tiger 21