Majority of world's richest bracing for a major stock sell-off next year

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SINGAPORE (BLOOMBERG) - Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management.. Read more at straitstimes.com.

SINGAPORE - Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management.

"The rapidly changing geopolitical environment is the biggest concern for investors around the world," said Paula Polito, client strategy officer at UBS GWM, in a statement."They see global interconnectivity and reverberations of change impacting their portfolios more than traditional business fundamentals, a marked change from the past."

 

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