The super rich (UHNWI) remain “bullish”. HNWI Investments remain still allocated to public/private equity.
This is evident from the latest asset allocation of Tiger 21, a network group of investors with capital to invest on average of $ 75 million.They remain committed to their allocation to stocks and bonds and relatively few in cash, according to the latest report. The 220 members of Tiger 21 have more than 20 billion of invested assets.
“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
