Wealthy Investors Favor Tech, Morgan Stanley Survey Says
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Wealthy investors remain bullish on the investing environment in 2014 and see the U.S. as the best place to put their money, according to a survey released today by Morgan Stanley.
Technology was the most popular industry, with 72 percent of respondents declaring it a good area to invest, New York-based Morgan Stanley said in a statement. Investors expect to end 2014 with 42 percent of their portfolio in stocks and 23 percent in cash, according to the survey.