Finexfolio

If you’ve only started to delve into asset management, there are lots of words that might be unfamiliar to you.

We’ll explain some of them in this post ▶️

If you want to open your own asset management business, this guide will show you how to get started using the FINEXFOLIO platform. Browse the carousel to see the step-by-step instructions. Good luck with your asset management career!

Traditional hedge funds are complex structures that are difficult to operate. That’s why it’s challenging for traders to start their own asset management business.

However, modern technologies can automate certain processes. Our FINEXFOLIO platform empowers any trader to create their own online hedge fund. Let’s compare how it’s different from a traditional one.

In October 2022, The Motley Fool conducted a survey of 1,200 Millennial and Gen Z investors, as well as individuals outside of these generations. Asset managers looking to attract new clients might benefit from some insights into investment behaviours of younger investors. For example:

📌 Almost 60% own either cryptocurrency or stocks, with crypto being slightly more popular.
📌 The prevalence of crypto investments went from 40% in 2021 to 60% in 2022.
📌 Possession of meme stocks went from 30% in 2021 to 40% in 2022.

Millennials and Gen Zers are more likely to own stock options (30%) and cryptocurrency (59%) compared to older generations (18% and 48%, respectively). But they are also less likely to have retirement accounts (41% vs 55%).

Comparison between investing behaviours of Millennials and Gen Zers also showed:

📌 Millennials are more likely to hold ETFs (25%) and mutual funds (27%) than Gen Zers (14% and 18%, respectively).
📌 33% of surveyed Gen Z investors hold stock options, compared to 29% of Millennials.

Gen Z and Millennial investors are more likely to own ESG, penny, S**C, IPO, and REIT stocks than previous generations. It might indicate a greater inclination towards diversification.

When it comes to specific industries, younger investors’ trends are consistent with those observed across generations. Millennials and Gen Zers primarily invest in:

📌 finance,
📌 energy,
📌 real estate,
📌 technology.

They also demonstrated a growing interest in the ma*****na industry, with stock ownership in this sector rising from 20% to 25% between 2021–2022.

Asset managers interested in attracting a younger demographic should account for these generational investment trends. Understanding these patterns allows them to create more tailored investment solutions to meet the needs of Millennial and Gen Z investors.