Rich people become cryptocurrency fans, want better advice: Survey
Rich people's enthusiasm for digital currencies swelled last year, with 29 percent of millionaires expressing a high degree of interest in buying or holding cryptocurrencies and nearly 27 percent somewhat interested.
Only around half of millionaires are in tune with their wealth managers and the very rich are increasingly interested in cryptocurrency investments, a survey released on Tuesday found.
High net worth individuals (HNWIs)- defined in the Capgemini poll as having at least $1 million to invest excluding their main homes and things such as art collections and cars -- saw investment returns above 20 percent in 2017 for the second year in a row.
That helped take their collective wealth above $70 trillion for the first time and put them on track to have amassed $100 trillion by 2025, the Capgemini World Wealth Report 2018 found.
But it did not boost their satisfaction with the people managing their fortunes.