UBS: High-net-worth clients are turning to gold, Crypto Assets, and Chinese assets.

GateUser-6433627c · 2025-05-14T05:42:41+00:00

UBS Group's Asia Wealth Management stated that high-net-worth clients are withdrawing from dollar assets and turning to gold, Crypto Assets, and Chinese assets due to the Sino-U.S. trade tensions and the need for diversified asset allocation. Investors are increasing their investments not only in other currency assets but also in Crypto Assets, commodities, and alternative assets, with volatility expected to persist.

GateUser-6433627c

2025-05-14 05:42:41

Abstract generation in progress

On May 14, Amy Lo, co-head of Asia Wealth Management at UBS Group, stated that UBS’s high-net-worth clients are withdrawing from dollar assets and turning to gold, Crypto Assets, and Chinese assets. “Gold is very popular right now,” Lo said during an interview at the Bloomberg New Voices event held in Hong Kong on Tuesday. Lo noted that the tense trade relations between the US and China have prompted investors to start diversifying their asset allocation, which was originally “quite US-centric”; in addition to seeking other currency assets, investors are also channeling more funds into Crypto Assets, commodities, and alternative assets. “The Fluctuation will definitely continue,” Lo added.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.