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Hong Kong’s rich turn to alternative assets for diversification, returns after stocks and property underperform: survey

Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus.

Investors have “reestablished” their view that bonds are an important component in diversified or income-generating portfolios after the US Federal Reserve raised interest rates 11 times from 2022 to 2023, the digital wealth adviser said in its inaugural Private Wealth Insights report published on Wednesday.

Source: REUTER

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