NEW YORK--(BUSINESS WIRE)--– Despite a harrowing year of pandemic-induced market gyrations, investors remain largely unfazed and most said they will invest the same or more in the coming year, a Yieldstreet Investor Sentiment Survey found.
The survey, conducted by the digital wealth management platform, found that 9 in 10 investors (89%) said they would invest at higher or the same levels in 2021 as they did in 2020.
Roughly half said the pandemic has had no impact on their confidence in investing and one in seven investors said they had more confidence in investing after the pandemic hit. Only one in three said they had less confidence.
Despite this confidence, a strong plurality, 45 percent, said they feared a renewed pandemic outbreak would be the greatest threat to the economy next year, followed by political change (28%).
Approximately two-thirds (62%) of investors said they plan to change their asset allocations in the coming year, using cash and cash equivalents and redeploying those liquid assets to invest in alternative investments and equities.
“We are excited by how unfazed investors say they are after a challenging year in the markets,” Yieldstreet Founder and President Michael Weisz, said. “It’s not surprising that in a low interest rate environment that investors are still looking to investments that provide the best risk-adjusted returns.”
“It is encouraging to see that alternatives are now in the mix more than ever, where retail investors are looking to have them alongside their equity portfolios,” Yieldstreet Founder and CEO Milind Mehere said.
More than half (55%) of investors said they would increase their alternatives holdings and slightly more than a third (35%) said they would increase their equities allocations.
The Yieldstreet sentiment survey of current investors was conducted in late August. Yieldstreet periodically samples investor sentiment as part of its mission to provide investors with the investment products they are seeking.
Yieldstreet is striving to change the way wealth is created. Yieldstreet seeks to accomplish this by transforming the investing landscape, opening up access to investments for individual investors across a range of asset classes such as Real Estate, Marine Finance, Art Finance, Legal Finance, Commercial loans, and Private Business Credit. Headquartered in New York City with offices in Brazil, Argentina and Greece, the company is backed by funding from firms including Edison Partners, Greycroft, and Raine Ventures. Join the movement at www.yieldstreet.com.