Tuesday, November 27, 2018

Entrepreneurs Still Like Stocks

The world’s most successful entrepreneurs now invest 20.2 percent of their total wealth in equities, according to the fifth BNP Paribas global entrepreneur report. For the first time in the study’s history, U.S. entrepreneurs’ top asset allocation choice was equities, outweighing their investments in fixed income, cash or even their own businesses.

The exception is ultra-high-net-worth entrepreneurs, whose heaviest weighting remains their own businesses. The survey results were divided among high-net-worth (investable assets between $10 million and $25 million) and ultra-high-net-worth (investable assets of $25 million or more) investors who owned businesses.

Fifty-five percent of the entrepreneurs in the study have invested in technology companies, usually directly or through mutual funds. The appetite for tech is most voracious in Belgium, India and Singapore, where 79 percent, 74 percent and 70 percent of investors, respectively, invest in the sector, compared with just 59 percent in the U.S.

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