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Are U/HNWIs ready to follow smart money into equity?

Photo by Kenny Eliason on Unsplash

Smart money is heading to global equity strategies. But are U/HNWIs, with their recent preference for cash and fixed income, ready to jump in? “We’ve seen some institutional investors and DPM or model portfolio investors adding to equity allocations, while private wealth on the advisory side is not yet following en masse. They are still favouring a balanced portfolio with…

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