瑞银的富裕亚洲客户正在抛弃黄金，比特币和中国市场的美元资产

瑞士银行业务巨头瑞银集团（UBS Group）的富裕亚洲客户正在迅速改变投资偏好，放弃美元资产，转而使用黄金，加密货币和中国市场。

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.

该银行上周五表示，瑞士银行业务巨头瑞银集团（NYSE：UBS）的富裕亚洲客户正在迅速改变其投资偏好，放弃美元资产而不是黄金，加密货币和中国市场。

“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.

“黄金正在变得非常受欢迎，”亚洲瑞银财富管理共同负责人艾米·卢（Amy Lo）在香港的彭博新声音活动时说。

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说，投资偏好的转变是通过日益严重的不确定性和持续的市场波动来驱动的。传统上专注于与美国相关资产的投资者现在正在寻求更多的替代资产类别的机会，包括加密货币，商品和其他货币。

China is regaining investor interest

中国正在恢复投资者的利益

“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补充说：“波动肯定会与我们同在。”他指出，这促使客户将其投资组合重新平衡为新地区的避风港和增长机会。

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.

经过多年的兴趣，中国也重新获得了超级卫生的吸引力。 LO指出，以前避免在中国进行投资的客户现在正在积极寻求该国的投资机会。

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.

香港的股票指数主要由中国公司组成，已成为2024年世界上表现最好的指数之一，进一步加剧了兴趣。

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.

美国银行对基金经理的最新调查还表明，全球基金经理在5月份大大降低了其美元头寸，这是19年来最被低估的头寸。

Truce in the U.S.-China tariff war

在美国 - 中国关税战争中停战

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）私人财富管理亚洲投资服务主管Christina Au-Yeung告诉彭博社，美国和中国最近的关税停战已在投资者中创造了新的乐观情绪。

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

“我们看到了真正有趣的主题回到中国的出现，” Au-Yeung补充说。

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.

投资主管还指出，在亚洲最富有的客户中，人们对风险的认识越来越大。结果，她的公司现在建议将40％的固定收益工具，40％的股票，1​​5％的替代投资以及其余的现金或现金等价物进行平衡的投资组合分配。

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

周六，美国和中国达成了一项协议，以部分减少对彼此商品的关税。

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%.

根据该协议，美国将将中国进口的关税从145％降低到30％，而中国将将美国商品的关税从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.

从美元计价的资产到替代投资的趋势表明，全球投资策略的更大转变，尤其是在亚洲超级富裕的投资者中。对黄金，比特币和中国市场的兴趣激增不仅展示了投资组合的多元化，还展示了对传统美元资产的长期前景的重新评估。