Bringing you live news and features since 2006 

A third of wealthy investors dissatisfied with how money is growing


A third of wealthy investors are not satisfied with how their wealth is growing, YouGov research has revealed.

The Wealthy Investors report reveals that a third (34 per cent) of wealthy investors are disappointed with how their wealth has grown over the past year.
This compares to three in 10 (30 per cent) that are slightly satisfied and around one in 10 (9 per cent) that are very satisfied. The study found that a quarter (26 per cent) are neither satisfied nor disappointed.
The study classifies wealthy investors by the amount of investible wealth they hold and by how much they have invested over the past year. YouGov has defined those with a minimum GBP100,000 in net-investible wealth as a wealthy investor.
The report also indicates the scale of wealthy investors taking things into their own hands. Approaching six in 10 (57 per cent) manage all financial products and investments themselves, and slightly under a quarter (23 per cent) manage some of their products themselves and leave some to professionals. Close to one in 10 (9 per cent) hand the running of all their products over to professionals.
The survey found 37 per cent of those who manage all their financial products themselves are disappointed with the growth of their wealth over the past year. It is the same percentage (37 per cent) for those that manage some products themselves while leaving some to be run by professionals.
Wealthy investors are proactive and careful when it comes to their finances. Almost nine in ten (88 per cent) believe they manage their finances well, while 77 per cent are good at saving up for things that they want. However, seven in 10 (71 per cent) state that they are more careful with their finances than they used to be.
Stephen Harmston, head of YouGov reports, says: “By reaching those who currently manage all their financial products themselves, there is a real opportunity for wealth management services. Many of those currently taking matters into their own hands are disappointed with how their wealth is growing, meaning they could well be open to alternative strategies.”

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by