Private Wealth — Netting Rich Returns
A growing demand from the world’s wealthy for ethical investment products is being overlooked by the market
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John Russell
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Faced with disorganised wealth managers, high net worth individuals often look elsewhere for new investment opportunities. Rather than trust wealth managers, family offices tend to call each other for advice on sustainable investment options, according to the Eurosif survey. High net worth individuals source just 28% of their sustainable investment products from private wealth managers. They source 37% of their investments via private consultants or advisers, and 35% directly from investment vehicles, such as venture capital funds.
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