Slava Stock / Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. High net worth individuals — typically those with $1 million or more in investable assets — held large portions of their total portfolio in cash in 2024. According to a survey conducted by Capital Group, 78% of global high-net-worth individuals around the world held relatively high cash positions. Higher market volatility and fears regarding persistently high inflation levels are ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. PGIM and Partners Group formed a strategic partnership to construct multi-asset portfolios for individual and institutional clients. PGIM operates a $1 trillion credit platform that includes public fixed income and private credit investments, in addition to managing a large commercial real estate portfolio. Partners Group specializes in private equity and infrastructure investments. The two firms ...