'Challenging' economic conditions and Covid uncertainty spur increased interest in riskier assets

Out of 23,000 people surveyed in 33 locations worldwide, over a third said they will allocate more towards high-risk investments. This increased to 44% for people aged between 18 and 37, the study found. Many people are investing in new, high-risk asset classes for the first time, Schroders highlighted. "The results indicate that, while many people feel compelled to take on greater risks to compensate for Covid uncertainty and concerns caused by rising inflation, this is even more so the case for younger investors," the firm said. Nearly 60% of investors in the 18-37 age group said...