The new safe ports for Asia's richest investors

Asia's richest investors give their portfolios a new orientation and occasionally turn from US dollar systems to a mixture of gold, digital assets and Chinese markets.

This change reflects a general rethink in the face of increasing geopolitical tensions and volatile global markets.

According to UBS, the demand for gold has risen sharply among private customers in the region, since the economic uncertainty drives investors into supposedly safe ports. Cryptocurrencies are also experiencing a comeback and, in addition to raw materials and foreign currencies, are involved as preferred diversification instruments. Meanwhile, interest in China, which had once got offside, wins again in dynamics.

Amy Lo, regional manager at UBS, explainedthat customers are no longer satisfied with a US-centered commitment. Instead, they are actively looking for growth in alternative regions and asset classes.

The attractiveness of the Chinese markets is reinforced by the recent recovery of the Hong Kong stock index, which is one of the world's best performers this year. At the same time, temporary relaxation of the trade voltages between the USA and China has contributed to reviving the optimism of investors.

At Morgan Stanley, portfolio strategists observe that customers pursue a more reserved approach. Christina Au-Yeung, Senior Investment Executive, emphasized that today's wealthy are far more risk-conscious. The bank recommends a diversified allocation: a healthy mix of fixed -income securities, stocks, alternative systems and cash.

All of this happens against the background of a global devaluation of the US dollar. According to the latest survey by the Bank of America among fund managers, the commitment in US dollars has been up to date for almost two decades.

Since the capital gradually flows into new global centers, wealthy investors in Asia could herald a new era of wealth strategy – an era that is less bound by traditional economic powers and is more oriented towards a changing economic order.