How Irish wealthy investors are investing – Sunday Independent Rich List
Alan Merriman, Executive Chairman at Elkstone, provided insights into how the wealthy invest their money which was published in The Sunday Independent Rich List 2020. He commented that “there is a growing appetite in Ireland for “alternative investments”, meaning more money going into private credit, venture capital and hedge funds.”
He also noted some generational differences to investing, “Older generations are more related to property, while younger wealth can tend to be more adventurous”, and identified an increased trend of “impact investing” where investors are looking to invest in worthy causes delivering a financial return.
To access the article in full, click on the following link: https://www.independent.ie/business/irish/rich-list-2020/lingering-effects-of-the-last-financial-crash-still-with-us-38957398.html