(Opalesque) A new survey of investor preferences from AMG Funds, U.S. retail distribution arm of global asset management company, Affiliated Managers Group, Inc. suggests that affluent millennials are interested in investing in alternatives but struggle to find enough information on the options. Approximately 70 percent of millennial respondents in the survey suggested that they would be interested in liquid alternatives if given more information.
The survey polled approximately 1,000 affluent individual investors with over $250,000 in household investable assets – including over 100 “Millennials” between the ages of 18 and 35 – on their forward expectations regarding equity markets and the macroeconomic environment, as well as their mindset and behaviors around investing.