Europeans step up risks to preserve capital

Households in Europe tend to concentrate on more risky assets. The average amount of investments per "typical" household is approaching the €200 thousand mark.

At the end of the first half of 2024, the amount of assets held by households in European countries* totaled €34.5 trillion, up 5.7% from a year earlier.

The average investment of European households amounted to €187 thousand, +5.1% YoY. The largest portion of the investor's portfolio is occupied by investments in shares and investment funds - 35.6%. They are followed by currency and bank deposits (30.8%), as well as insurance products and pension savings (27.3%). Other types of investments account for 3.7% and bonds for only 2.6%.

Since 2020, there has been a trend towards redistribution of private investors' funds. "The share of pension savings and insurance products is declining, while the share of equities and investment fund units is growing. The average European investor is already willing to take more risk for an additional premium due to record inflation of more than 8%-10% in H2 2022 - H1 2023." - the analysts of the Robocash platform comment.

When it comes to regional characteristics, the most "conservative" investors are from Ireland, the Netherlands and Croatia. Here is a large concentration of funds in the banking system for Q2 2024. Household investors from Hungary, Greece, Estonia, Slovakia and Germany are ready for risks. Essentially, they move money from familiar instruments into stocks and shares of investment funds. "Investors are gradually withdrawing money from the conservative products of Europe's banking system and taking on increased risks due to the post-pandemic 2021-2023 inflation shock. This trend has a positive impact on the demand for investment instruments such as equities, cryptocurrency, P2P lending, venture capital investing, etc". - the experts sum up.

* the study included 27 countries with open statistical data: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

ROBOCASH d.o.o
Petračiceva 4, Zagreb, Croatia, 10110

Presscontact:
Anastasia Palamarchuk
Lead Investor Relations Specialist
a.palamarchuk@robo.cash

Robo.cash is a Croatia-based fully automated investment platform with a buyback guarantee on investments operating within the European Union, the UK and Switzerland. Launched in February 2017, the platform belongs to the financial holding UnaFinancial that provides fintech services across fast-growing markets in Asia and Europe. As a part of the holding, Robo.cash works according to a "peer-to-portfolio" model providing an opportunity to invest in consumer and commercial loans issued by the affiliated companies. As of November 1, 2024, it has attracted €90M of investments and funded over €1 B worth of loans.

This release was published on openPR.