Latest market development: CFA study: Rich Gen Z and millennial investors are reshaping wealth advice – Fund Selector Asia.
What You Need to Know
Here are the key details from this alert:
- CFA Institute, a global association of investment professionals, today released new research showing how Gen Z and millennial mass-affluent, high-net-worth (HNW) and very-high-net-worth (VHNW) investo
- Drawing on a survey of more than 2,400 mass affluent, HNW, and VHNW investors in Canada, India, Singapore, the United Arab Emirates, the United Kingdom, and the United States, the research found stron
- Findings from the research titled “Next-Gen Investors: A Guide for Wealth Managers and Financial Advisers” reveal that in Singapore, around 70% of young investors expect to receive an inheritance
- They also report the highest likelihood of holding ETF investments (50%), compared with 29% for Singaporean Gen X and Baby Boomer investors
- Cindy Tan, CFA, CA (Singapore), president, CFA Society Singapore, commented: “It is encouraging that the majority of Singapore’s young investors say they feel confident about investing and reaching th
- Notably, the top three asset classes they plan to own are individual stocks, ETFs and cryptocurrency
- Source: CFA study: Rich Gen Z and millennial investors are reshaping wealth advice – Fun
Market Analysis
This development warrants attention from traders and investors across asset classes.
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Published by Top10Exchanges on March 27, 2026. Source: CFA study: Rich Gen Z and millennial investors are reshaping