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Millionaires are pouring money into Europe
Europe is the sick man of the global economy. So why are millionaires investing their money there? According to a new survey from Spectrem Group, Europe is the preferred overseas investment for millionaires. When asked which countries or regions they plan to invest in this year, Europe topped the list at 19 percent. It was followed by China at 15 percent, Canada at 12 percent and the UK at 9 percent. Brazil, Australia, Japan and India tied for fifth with 8 percent. The European focus marks a big shift since 2011, when China was the top overseas investment destination, at 21 percent. It was followed by Brazil with 20 ... (full story)
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