Wealth and Asset Management
World’s rich put a third of funds into cash as trade war simmers
Wealthy investors around the world are holding a relatively high level of cash, and perhaps they’ve become too cautious, according to UBS. The world’s largest wealth manager said 32% of high-net-worth portfolios are in cash, in a survey released on May 7. In Asia and Latin America, the portion was…
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Click here to read the full story: The Economic Times