Wealthy Asians trim risk, boost cash and real estate
Unlike in other regions, Asian HNWIs still appear much more willing to countenance big tech solutions to their wealth management problems, a Capgemini survey shows.
Asia's wealthy have slightly shifted their allocations away from equities and towards cash and real estate as market volatility has picked up.
That's according to Capgemini's latest survey of high-net-worth individuals (HNWIs) in the Asia-Pacific region, excluding Japan, which also reinforces how much more open they are to wealth management solutions from the tech sector compared with elsewhere in the world.
The report released on Wednesday, which collated responses from 1,200 H…
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