TIGER 21’s latest asset allocation report shows the super rich are increasingly choosing alternative investments.
The quarterly report shows the asset allocations for members of this investment club.
Since Q2 2011, private equity investment has risen by 8%, and fixed-income investment has fallen 7%. The allocation to fixed income is at its lowest levels since Tiger 21 began tracking this data in 2007.
The largest quarterly shift was a 4% increase in allocations to private equity. The report says that’s because more Tiger 21 members are keeping their wealth within personal private companies.
With a modest increase of 1%, cash and cash equivalents was the only other asset allocation category that rose from Q1 2012 to Q2 2012.
There were a few small declines. Exposure to real estate, hedge funds, and commodities were reduced by 1% and fixed income by 2% while the allocation to equities remained unchanged for the quarter.