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Asia’s HNW investors stay invested but diversify as caution sets in: UBS

The investment confidence of Asia’s high net worth (HNW) community has weakened heading into Q3, but more than two-thirds of investors plan to stay invested and diversify their holdings as a way to reduce risks, according to a quarterly investor sentiment survey conducted by UBS. The survey revealed that while many respondents continue to have elevated cash positions — among…

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