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The $200 Trillion World: Who Owns All the Wealth?
worldtraveller
Posts: 14,012 Forumite
The wealth of the world -- from all the global stock markets, insurance funds, and families -- comes out to about $200 trillion, according to the McKinsey Global Institute's new report on investors in developing nations. Who owns all that?
Broadly speaking, investors in developed economies hold highly diversified portfolios, with significant portions in equities.
The United States stands out for consistently high equity allocations: currently US households have 42 percent of their non-retirement financial assets in publicly listed shares. Households in Hong Kong have similar shares of their wealth in equities. On average, Western European households placed 29 percent of their financial assets in equities in 2010, with 29 percent in the United Kingdom (down from 45 percent in 2000), 25 percent in France, and 19 percent in Germany.
Atlantic/Yahoo
That's a big drop out of equity based investments in the UK in the past 10 years or so! I wonder how much of that has been a switch to property?
Broadly speaking, investors in developed economies hold highly diversified portfolios, with significant portions in equities.
The United States stands out for consistently high equity allocations: currently US households have 42 percent of their non-retirement financial assets in publicly listed shares. Households in Hong Kong have similar shares of their wealth in equities. On average, Western European households placed 29 percent of their financial assets in equities in 2010, with 29 percent in the United Kingdom (down from 45 percent in 2000), 25 percent in France, and 19 percent in Germany.
Atlantic/Yahoo
That's a big drop out of equity based investments in the UK in the past 10 years or so! I wonder how much of that has been a switch to property?
There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
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