While client sentiment has improved over the last 12 months amid expectations of interest rate cuts and a rally in US stocks, private banks still face challenges when it comes to shifting portfolios out of cash and into riskier investments, leading fund selectors said at Asian Private Banker‘s Funds Selection Nexus 2024 Hong Kong. With short-term risk-free deposits still yielding … Continue reading Days of 5% deposits are over: Fund selectors urge clients to ditch cash