What do Asia’s rich park their wealth in as global risks grow? High-net-worth individuals favour private markets, ‘safer’ assets over stocks, crypto ‘SCMP’ News Summary (Hong Kong) BEAMSTART

Source: beamstart.com beamstart.com

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Quick Summary: Swiss private bank Lombard Odier’s study found that the rich in Asia are steering clear of digital assets like cryptocurrency and sticking to private markets, safer’ assets like gold amid current market risks.