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Article: African Americans Seek Conservative Investment Vehicles
- Article from:
- The New York Beacon
- Article date:
- February 26, 1997
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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New York Beacon, The
02-26-1997
African Americans Seek Conservative Investment Vehicles.
Ariel Mutual Funds released results of the first national investment survey of African Americans. The survey, conducted by the independent research firm, Roper Starch Worldwide, found that African Americans rely on conservative investment vehicles and risk-averse strategies, while looking for higher returns, and are more likely to seek the advice of a financial planner.
When compared to non-African Americans, African Americans strongly favor diverse investment firm management, socially responsible investments and community involvement. African American women are more likely to make household financial ...