Investors are increasing their cash reserves as they brace for major sell-off

Pedro Gonçalves
clock • 1 min read

Investors around the world are holding a relatively high level of cash in anticipation of global turmoil in 2020, according to UBS Global Wealth Management. A majority of investors expect a significant drop in markets before the end of next year, and 25% of their average assets are currently in cash - far higher than the roughly 5% that UBS recommends on average - according to a survey of more than 3,400 HNWIs with at least $1m in assets. Uncertainty from the trade conflict, Brexit and ...

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