Ultra high net worth individuals (UHNWIs) are demanding increasingly creative alternative investment opportunities, according to Investec Private Bank.
It said UHNWI demand for non-traditional investments had considerably contributed to the continued increase in the funds under management. During the past 12 months Investec has seen 56% growth in assets under management of its investment consulting business and is anticipating similar growth in new assets to over £1.7bn over the next 15 months. According to Investec Private Bank, a growing number of sophisticated investors are turning to non-traditional asset types and are seeking specialised investment opportunities, such as private equity, Investec preparatory balance sheet deal flows...
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