Asia family offices pile into cash as market risks mount, BNP Paribas survey finds
Asia’s wealthiest families are hunkering down in cash while betting on private markets for the long haul.
Asia-Pacific family offices are building up their cash reserves and seeking balanced portfolios, as geopolitical risks and market uncertainty cloud the near-term outlook, according to a report released by BNP Paribas Wealth Management on Wednesday.
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