Asia’s Super Rich Plan to Invest More in Greater China, UBS Says

by swisschambei in Bank / Finance / Insurance

Asia’s ultra-rich clans are poised to invest more in China after retreating in 2022, according to research from UBS Group AG. About 30% of family offices in Asia-Pacific plan to raise their allocation of assets in Greater China in the next five years, according to the Swiss bank’s global family office report, which surveyed 230 firms, including 45 single family offices from Asia. Only 6% of those in Asia plan on staying out of China completely.

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