Ultra high net worth investor network expecting lower returns in 2014
Members of the American peer to peer learning organisation Tiger21 are largely expecting markets to perform less well in 2014 compared to last year (Fa-mag.com)
While 91% of members saw better than expected results in 2013, 66% think the market performance in 2014 will be worse. 26% believe performance will remain the same, while only 8% expect it to improve.
In terms of investment types, 27% anticipate public equities to be the best performing asset of the year; 22% favour private equities, 18% real estate and 11% hedge funds.