In contrast to the first half when they were chasing after growth stocks, Asian HNWIs are now, in the third quarter, conducting a “reality check” on valuations and fundamentals of equities, and a “noticeable” amount of capital is being pulled out from risky assets, according to Nomura Wealth Management. “In terms of equity flows, for much of this year, our…
Have a confidential tip? Get in touch [email protected]