Risk tolerance in the younger U.S. mutual fund investor set has returned to the level seen before the financial crisis of 2008, according to research from the Investment Company Institute.
Specifically, the ICI found that in May 2012, the fraction of mutual fundowning households younger than 35 willing to take above-average or substantial financial risk to get higher investment returns was 39%up from a low of 31% in May 2010 and May 2011 and slightly higher than its 37% level in May 2008. At the same time, risk tolerance among households in the oldest age groupaged 65 or olderstood at 13 in May 2012, compared with 14 in May 2008.
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