Modern and luxury homes in Singapore, at the Keppel Bay Yacht Marina area. The rich in Singapore and Australia are leading the trend, with about 60 per cent of them planning to increase their allocations to private markets. Photo: Getty Images
Modern and luxury homes in Singapore, at the Keppel Bay Yacht Marina area. The rich in Singapore and Australia are leading the trend, with about 60 per cent of them planning to increase their allocations to private markets. Photo: Getty Images
Asean

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

  • Swiss private bank Lombard Odier’s study found that wealthy APAC investors are increasingly conservative amid current global market volatility
  • They are steering clear of digital assets like cryptocurrency and sticking to private markets, ‘safer’ assets like gold, cash

Modern and luxury homes in Singapore, at the Keppel Bay Yacht Marina area. The rich in Singapore and Australia are leading the trend, with about 60 per cent of them planning to increase their allocations to private markets. Photo: Getty Images
Modern and luxury homes in Singapore, at the Keppel Bay Yacht Marina area. The rich in Singapore and Australia are leading the trend, with about 60 per cent of them planning to increase their allocations to private markets. Photo: Getty Images
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