World’s Richest Investors See Sharp Market Drop In 2020 – UBS Survey
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- 3,400 high net worth investors with at least $1 million in investable assets were surveyed by UBS
- Fifty-five percent of respondents expect a significant drop in the markets at some point in 2020.
- The super-rich have increased their cash holding to 25% of their average assets, the survey showed.
A majority of the most wealthy investors around the world are bracing for a big sell-off next year, according to a UBS survey.
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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
