Ultra-low rates have pushed Asia’s HNWIs in pursuit of yields further into the territory of higher-risk fixed-income. This will fundamentally change the fixed income component in a traditional 60/40 portfolio, according to Singapore Exchange-owned index provider Scientific Beta. It argued that investors should look elsewhere instead for a safety net in their multi-asset portfolios. Eric Shirbini, global research and investment…
Have a confidential tip? Get in touch [email protected]