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ubs gwm anticipates asia growth following potential fed rate cuts
Adrian Zuercher of UBS Global Wealth Management expresses optimism for equity markets, anticipating a shift in fund allocations following potential Federal Reserve rate cuts. He highlights AI-driven investment opportunities in Taiwan and identifies China and India as key structural plays in Asia.
ubs global wealth management optimistic on asian markets and valuations
Adrian Zuercher of UBS Global Wealth Management expresses optimism about markets, highlighting that anticipated Fed cuts will benefit both bonds and equities. He asserts that China possesses the necessary tools and determination to implement policies aimed at boosting consumer confidence, particularly in response to potential Trump tariffs and ongoing structural challenges.
high net worth individuals drive art market recovery in 2024
High net worth individuals (HNWIs) are increasingly active in the art market, with median spending on art and antiques at $25,555 in early 2024. Notably, HNWIs in mainland China reported the highest median expenditure at $97,000, reflecting a strong post-lockdown recovery. The survey indicates a shift towards purchasing from new galleries and emerging artists, with a growing representation of female artists in collections.
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