'Exaggerated'
05/09/2008
A new report from Barclays Wealth and the Economist Intelligence Unit (EIU) has found that during times of upheaval in financial markets, investor behaviour can become exaggerated as it seeks to protect capital against swings in asset prices or profit from uncertainty.
The report “Breaking the Mould: A question of personality”, also found that investors in developed markets are responding differently to the credit crunch than those in the upcoming emerging markets.
A total of 2,300 high-net worth individuals were interviewed for the sixth report in the Barclays Wealth Insights series. Barclays Wealth and the EIU says the results reinforce the need for the financial services industry to take a more scientific approach to understanding the behavioural and personality traits that drive investors’ decisions.
