Italian affluent investors like emerging markets, Schroders finds

Italian affluent investors allocate 35% of household income to financial investments, according to the results of the ‘European Wealth Index’ survey published by Schroders.

A research on more than 1300 investors with invested assets above €60,000 in 12 countries found that despite the European crisis, long-term investments remain a key priority for affluent investors.

On average, Italy’s households spend 54% of their monthly income, they invest 35% and they allocate 11% to repay previous debt.

The results are in line with income allocation at European level and they indicate that despite the crisis Italians consider long-term investments a priority.

Given the current market volatility, the survey also found that Italians mainly invest to save money against unforeseeable future expenses (42%) and to build a pension plan (31%).

Meanwhile, Italian investors expressed a strong preference for emerging markets. Schroders found that 41% of affluent investors consider Asia as an attractive investment destination, followed by Eastern Europe (18%) and the Middle East (16%).

Only 22% of Italians saw opportunities in the domestic market, against a European average of 30%.

In terms of asset classes, 28% of investors preferred Asian equities and 18% would invest in real estate.

Only 4% of surveyed investors would allocate their income to hedge funds, while 15% said to be ready to invest in gold.

“The study found that affluent investors save and invest a significant share of their income despite market uncertainty. They also show a positive attitude towards opportunities in emerging markets,” said Luca Tenani (pictured), head of distribution for Italy at Schroders.

Chiara Albanese
Close Window
View the Magazine

You need to fill all required fields!