According to new research from Praemium, high-net-worth (HNW) investors with stronger balances are typically tipping more into alternatives.

The report comes as advisers eye the asset class along with artificial intelligence (AI) and technology as key drivers for growth.

The sentiment on alternatives was already displayed through previous research, also commissioned by Praemium, which found investors are eager to diversify into alternatives but are faced with difficulties due to the lack of access on their platforms.

The research, conducted by CoreData, suggests that more advisers in the HNW space (27%) demonstrate comprehensive strategies for growth than their non-HNW counterparts (21%).

Nearly 70% of HNW-focused advisers see alternatives as key in meeting client demands moving forward. However, only 34% of non-HNWs hold that view.