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Still bullish? Asian HNWIs shun downside protection amid equity rally

How bullish on equities are investors? For Asia’s HNWIs, strong sentiments towards the asset class persist, as evidenced by the limited demand for downside protection, even as it advises clients to moderate exposure. According to Rocky Cheung, executive director and head of investment product and advisory, Hong Kong wealth management, DBS, equities make up 50% of its capital flows, year-to-date,…

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