TIGER 21 portfolios long on private equity

By Staff | August 16, 2012 | Last updated on August 16, 2012
1 min read

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.

Read: Peek inside a TIGER 21 portfolio

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.

Read: Help clients get into private equity

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.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.