thewealthnet

Wealthy individuals to invest in businesses post Covid-19, says Brown Shipley

News Team, 19/08/2020

A fifth (19 percent) or UK adults with more than £250,000 in assets plan to buy a small business in the future.

Brown Shipley surveyed over 4000 UK consumers included a representative sample of over 800 of the nation’s wealthy – defined as those with more than £100,000 in assets that they can readily access, 350 of whom have more than £250,000 in assets.

The wealth manager found that 35 percent of ultra wealthy individuals plan on investing in a new business to help kick start the economy after Covid-19.

Just under half of the wealthy individuals said they would leave an inheritance (48 percent). This i...


Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com