A new generation of investors are looking to get into the financial sector, but what are they looking to do with their money?
According to a report by financial technology research firm Sun Financial, the future of financial services is in their hands.
Sun Financial surveyed over 20,000 customers in the financial technology industry.
The findings are fascinating.
It found that:While there is growing interest in investing in financial products, they are less interested in the core services and less interested than the broader financial markets.
The majority of the investors surveyed (63%) said they were more likely to invest in a mutual fund or a hedge fund.
“There is a lot of focus on asset allocation,” says Sun Financial CEO and founder Mark O’Neill.
“The more you do the math, the more money you’re going to make.
I don’t think the money is going to come from the investment.
I think it’s going to be the service.”
What do you think of this report?
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