How Russia's Gen Z balances risk and stability in investing

A new study by VTB My Investments reveals the investment habits of young Russians. The analysis covered nearly 1 million clients under 30, showing how Gen Z balances risk and stability. Their average portfolio is worth 279,000 rubles. Bonds dominate the portfolios of young investors, making up 46% of their holdings. Mutual fund shares follow at 30%, while money market ETFs account for 22%. Stocks represent 18% of their investments, with cash and precious metals taking up the remaining 6%.

The data also highlights a growing reliance on technology. Over 7% of all clients use AI-powered advisory tools, and this number rises among those under 30. Young investors increasingly trust these digital solutions to manage their portfolios. Gen Z investors prefer balanced portfolios with a strong focus on defensive assets. Their average holdings are modest but diverse, spread across bonds, funds, and other instruments. The trend towards tech-driven advice is also clear, with AI tools gaining popularity.