Wealthy Asians turn to the internet for investment tips
The attraction of the internet is luring high-net-worth Asians away from wealth managers as they look for investment opportunities in blogs and social media, raising questions over traditional sources of advice.
Asia’s wealthiest individuals are putting their faith in blogs and social media as a source of investment information, a new survey reveals.
Chinese and Indonesian investors are the most willing to trust the internet for investment opportunities, but their financial knowledge is among the lowest.
The relative lack of demand for wealth managers has been highlighted by the survey results, which calls into question their future when faced by an array of apparently more compelling s…
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