Showing posts with label Wealth managers. Show all posts
Showing posts with label Wealth managers. Show all posts

Tuesday, March 13, 2007

Wealthy investors brave markets

Wealthy investors faced the recent market turmoil with restraint, private bankers said, with hardly any panic sell-offs seen and some millionaires already looking to buy cheap.

Wealth managers -- who sit on client assets of more than $30 trillion (15 trillion pounds) worldwide -- say investors viewed stock markets as fundamentally sound despite the recent blip, leaving their portfolio allocations largely unchanged

Read more at Reuters UK