The study that involved more than 300 HNW investors in 15 cities across Europe stated that only 6% said there would be a severe global depression.
Further, the HNWI in Spain, Ireland and the UK were found to have the most optimistic outlook, with 92%, 90% and 85% respectively believing the Eurozone will either manage to avert large defaults and is rewarded for stringent austerity, or one that survives but will look different than the current structure.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
And despite the uncertainty, 45% of wealthy investors think European equities are the most undervalued risk assets. This view was highest in Spain (69%), Ireland (44%) and the UK (41%).
And 24% view US real estate as an investment opportunity, followed by Asian equities (11%) and high yield bonds and oil (10%).
On being queried for their outlook on the best performing sector of 2012, 38% said the technology sector would be the top performer followed by the banking sector with 20% of votes, and mining at 16%.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
