Cash as a Reflection of Economic Uncertainty | Canadian Family Offices Interview with Chair Leon Goren
Toronto TIGER 21 Chair Leon Goren discusses patterns of investment in high-net-worth families and how these trends can reflect their economic views in this Canadian Family Offices article by David Israelson. Goren explains how last year’s notable shift into cash among investors was a direct reflection of the uncertainty in the economy during the pandemic and how they are allocating assets in the current and long-term market.
It was notable because with high-net-worth investors, you don’t usually see that kind of massive allocation of assets. Our Members look long into the future.Leon Goren, Toronto TIGER 21 Chair