More than half of the world’s richest investors see a big market drop in 2020, says UBS survey
11/12/19
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from CNBC,
11/12/19:
UBS surveyed more than 3,400 high net worth investors with at least $1 million in investable assets.
Fifty-five percent of those investors surveyed by UBS 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.
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