People admit they hold far more cash than they need to
Our Swiss High Net Worth Investor Pulse survey shows that people hold much more cash than they actually think they need. The challenge is that the vast majority of investors do not have a clear goal in mind for all of the cash they hold.
The value of cash has barely gone up in the past five years, while Swiss clients face paying the banks to look after their money. At BlackRock, we believe it’s time for investors to put their cash to better use – whether that’s to protect their nest egg from the potential effects of inflation, increase their investment income, or grow their wealth.