According to a survey discussed in the WSJ Wealth Report, your clients want international stocks:
According to a new survey, 64% of wealthy investors plan to add money to long-only global stocks this year, making overseas stocks the biggest likely winner in the race for rich people’s cash.
Such a large move toward a more global portfolio was surprising, even to the study’s authors. Wealthy investors, even in the U.S., are now thinking globally.
“To me, the 64% was a stunning number,” said Charlotte Beyer, founder and CEO of IPI. “I think it marks a turning point for the wealthy.”
And they don’t want anything complicated or fancy. Simple is the fashion this year:
Ms. Beyer said that by investing in “long only” stocks overseas, the wealthy not only are shifting out of the U.S., but also doing so in a way that may avoid the fees and complexities of international hedge-funds and other complex alternative investing products.
“They’re saying, why do I need all that complexity, the tax implications and the fee structure?”
I would like to modestly suggest that our Systematic RS International account fits the bill perfectly. You can request information here.
