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European HNWIs invested the larget share of their portfolio in equity i.e. 24.4% in comparison to cash and cash equivalents (22.3%). The balance of their portfolios was allocated to real estate(18.7%), fixed income (17.3%), and alternative investments (17.3%).

Note: Asset classes include: cash/deposits; equities; real estate excluding primary residence; fixed income; and alternative investments which include structured products, hedge funds, derivatives, foreign currency, commodities, and private equity; Chart numbers may not add up to 100% due to rounding

Source: Global HNW Insights Survey 2021, Capgemini


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