Despite Covid-19 wealthy investors stick to shares

Almost half of the wealthy investors plan to keep their equity portfolios at the same level over the next six months, while 37% plan to increase their investment, according to the latest quarterly global UBS survey.

The percentage of investors expressing optimism about the short-term economic situation in their region decreased to the greatest extent in the US (from 68 percent to 30 percent) and to the smallest in Europe, excluding Switzerland (from 58 percent to 50 percent). In Asia, it fell from 71 percent to 55 percent; in Latin America from 60 percent to 49 percent; and in Switzerland from 47 percent to 28 percent.

According to the April survey, which involved 4,108 wealthy investors and business owners from 14 markets, 70 percent of respondents were optimistic about the long-term economic prospects in their region. This data has not changed much compared to the previous survey conducted three months earlier.

In general, business owners maintain a positive approach to long-term prospects and express a constant desire to invest in their own businesses.

(WBJ)