News Snapshot:
Affluent to ultra-high-net worth investors in the UK are the most conservative in terms of investment risk among international peers, according to new research, shared exclusively with City A.M. today. More than half of wealthy UK-based investors rated themselves as conservative in terms of their approach to risk, with 20 per cent describing themselves as ‘very conservative’. Only 10 per cent said they take an aggressive approach to risk, the lowest of any nation surveyed by digital banking solution provider Avaloq, which approached banking and wealth management managers in ten major economies, including China, India, Switzerland and Japan. In contrast,...
