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Asia’s wealthy families snub cash to chase market risks while stalling on succession

The region’s rich are taking bold risks in the market while putting off wealth transfer, increasingly seeking geopolitical safe havens to anchor their fortunes, Lombard Odier says.
Asia’s wealthy families snub cash to chase market risks while stalling on succession
By Laura He
14 hours ago
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Affluent families in North Asia advised by Lombard Odier are keeping cash levels unusually low to chase global market risks, bucking a regional trend of defensive hoarding, top Asia executives at the Swiss private bank say.

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#alternative investments#crossborder wealth#deep partnerships#geopolitical safehavens#hedge funds#private equity#succession planning#wealth transfer
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