Reported 4 months ago
At the Bloomberg Wealth summit in Hong Kong, geopolitical risks were a significant topic of discussion following India's recent election results. Wealthy investors expressed concerns over escalating tensions globally, highlighted by UBS Group AG to Hang Lung Group Ltd. Geopolitics ranked as the top risk by family offices in a recent UBS survey. Amidst market reactions in India and Mexico, the focus on managing political risk continues, with some turning to gold investments. Speakers emphasized the need for financial preparedness and distinguishing between short-term politics and long-term economic factors.
Source: YAHOO