TITLE

African-American Investors More Conservative

PUB. DATE
June 1997
SOURCE
Journal of Financial Planning;Jun97, Vol. 10 Issue 3, p14
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article presents information on a survey sponsored by Ariel Mutual Funds company, in relation to conservative investors in African Americans and non-African Americans. According to the survey, although African Americans save about the same percentage of their income as non-African Americans they are more conservative investors. The survey also noted that African Americans objective is to achieve greater diversity of race, religion and gender in their investment and put greater importance on investments that are socially responsible and firms that are involved in their local community.
ACCESSION #
9707241607

 

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