Fastest ever growth in assets of Slovak millionaires

The growth in the assets of Slovak millionaires this year was the fastest in history, according to the Wealth Report by J&T Bank. The assets of one-third of millionaires grew by more than 10%. The main source of growth was business income, with investment income making an increasingly significant contribution. Stocks delivered the biggest gains. Corporate bonds and art declined as a share of investment portfolios while private equity and crypto gained share. Millionaires are watching developments in Europe with growing concern about competitiveness, saying Europe needs more entrepreneurial spirit and less regulation.

(hnonline.sk)