瑞銀的富裕亞洲客戶正在拋棄黃金，比特幣和中國市場的美元資產

瑞士銀行業務巨頭瑞銀集團（UBS Group）的富裕亞洲客戶正在迅速改變投資偏好，放棄美元資產，轉而使用黃金，加密貨幣和中國市場。

Wealthy Asian clients of Swiss banking giant UBS Group (NYSE: UBS) are rapidly changing their investment preferences, abandoning U.S. dollar assets in favor of gold, cryptocurrencies, and Chinese markets, a top wealth manager at the bank said on Friday.

該銀行上週五表示，瑞士銀行業務巨頭瑞銀集團（NYSE：UBS）的富裕亞洲客戶正在迅速改變其投資偏好，放棄美元資產而不是黃金，加密貨幣和中國市場。

“Gold is becoming very popular,” Amy Lo, co-head of wealth management for UBS in Asia, said while speaking at the Bloomberg New Voices event in Hong Kong.

“黃金正在變得非常受歡迎，”亞洲瑞銀財富管理共同負責人艾米·盧（Amy Lo）在香港的彭博新聲音活動時說。

Lo said that the shift in investment preferences is being driven by increasing geopolitical uncertainty and persistent market volatility. Investors who were traditionally focused on U.S.-related assets are now seeking greater opportunities in alternative asset classes, including cryptocurrencies, commodities, and other currencies.

Lo說，投資偏好的轉變是通過日益嚴重的不確定性和持續的市場波動來驅動的。傳統上專注於與美國相關資產的投資者現在正在尋求更多的替代資產類別的機會，包括加密貨幣，商品和其他貨幣。

China is regaining investor interest

中國正在恢復投資者的利益

“Volatility is definitely going to stay with us,” Lo added, noting that this is prompting clients to rebalance their portfolios toward perceived safe havens and growth opportunities in new regions.

Lo補充說：“波動肯定會與我們同在。”他指出，這促使客戶將其投資組合重新平衡為新地區的避風港和增長機會。

China, after years of waning interest, is also regaining appeal among the ultra-wealthy. Lo noted that clients who had previously avoided investing in China are now actively pursuing investment opportunities in the country.

經過多年的興趣，中國也重新獲得了超級衛生的吸引力。 LO指出，以前避免在中國進行投資的客戶現在正在積極尋求該國的投資機會。

Hong Kong's stock index, largely made up of Chinese companies, has become one of the best-performing indices in the world in 2024, further fueling interest.

香港的股票指數主要由中國公司組成，已成為2024年世界上表現最好的指數之一，進一步加劇了興趣。

Bank of America's latest survey of fund managers also shows that global fund managers significantly reduced their U.S. dollar positions in May, marking the most undervalued position in 19 years.

美國銀行對基金經理的最新調查還表明，全球基金經理在5月份大大降低了其美元頭寸，這是19年來最被低估的頭寸。

Truce in the U.S.-China tariff war

在美國 - 中國關稅戰爭中停戰

Christina Au-Yeung, head of investment services at Morgan Stanley (NYSE:MS) Private Wealth Management Asia, told Bloomberg that the recent tariff truce between the U.S. and China has created new optimism among investors.

摩根士丹利（NYSE：MS）私人財富管理亞洲投資服務主管Christina Au-Yeung告訴彭博社，美國和中國最近的關稅停戰已在投資者中創造了新的樂觀情緒。

“We are seeing the emergence of really interesting themes coming back to China,” Au-Yeung added.

“我們看到了真正有趣的主題回到中國的出現，” Au-Yeung補充說。

The investment executive also noted that there is a growing awareness of risk among Asia's wealthiest clients. As a result, her firm now recommends a balanced portfolio allocation of 40% fixed income instruments, 40% equities, 15% alternative investments, and the rest in cash or cash equivalents.

投資主管還指出，在亞洲最富有的客戶中，人們對風險的認識越來越大。結果，她的公司現在建議將40％的固定收益工具，40％的股票，1​​5％的替代投資以及其餘的現金或現金等價物進行平衡的投資組合分配。

On Saturday, the U.S. and China reached an agreement to partially reduce tariffs on each other’s goods.

週六，美國和中國達成了一項協議，以部分減少對彼此商品的關稅。

Under the agreement, the U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will cut duties on U.S. goods from 125% to 10%.

根據該協議，美國將將中國進口的關稅從145％降低到30％，而中國將將美國商品的關稅從125％降低至10％。

The trend away from dollar-denominated assets to alternative investments speaks to a broader shift in global investment strategies, especially among ultra-wealthy investors in Asia. The surging interest in gold, Bitcoin, and Chinese markets showcases not only a diversification of portfolios but also a reassessment of the long-term prospects of traditional U.S. dollar assets.

從美元計價的資產到替代投資的趨勢表明，全球投資策略的更大轉變，尤其是在亞洲超級富裕的投資者中。對黃金，比特幣和中國市場的興趣激增不僅展示了投資組合的多元化，還展示了對傳統美元資產的長期前景的重新評估。