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Women More Likely to Invest in Alternative Investments

Few likely consider gender differences and attitudes towards alternative investments. However, earlier this year MainStay Investments, the mutual fund distribution arm of New York Life Investment Management LLC published a study looking at high net worth (HNW) individuals and their investment decisions. While women are traditionally considered more conservative investors than men[i], the study reveals a potential shift in favour of alternative investments. HNWI Survey According to the study, HNW women allocate 27% of their assets to non-traditional investments, with men at only 20%. Interestingly, 55% of the HNW women surveyed increased their alternative investment allocation in the past year.… continue reading

October 29, 2014