New research from law firm Michelmores suggests that there is a disconnect between millennial’s social values and their investment behaviour.
The study - carried out by law firm Michelmores in association with research consultancy ComRes - questioned 500 affluent millennials about their approach and attitudes to their money, investing, work, and lifestyle, as well as their future intentions.
It showed that although 73 percent of affluent millennials with more than £25,000 worth of investable assets feel a sense of responsibility to use their money to have a positive impact on the world, only 16 percent have invested ...