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HNWIs hold on tight to risk assets: UBS GWM

Just as they did three months ago, wealthy investors remain optimistic about the longer-term outlook, despite the recent sharp decline of risk assets and the uncertainties brought on by COVID-19, according to UBS Global Wealth Management. The bank’s quarterly global survey polled 4,108 wealthy investors and business owners in April. Almost half of the respondents expected to keep their stock…

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