Precious metals and real estate are expected to be in favour with wealthy investors in the coming years, as they look to counteract the impact of inflation, UBS’s latest investor sentiment survey indicates.

The survey found that of the 3000 millionaires surveyed, 35 percent of investors plan to add stocks, 33 percent plan to add precious metals, 32 percent plan to add sustainable investments, and 32 percent are planning to add real estate.

While inflation is a concern, global...