Investors worldwide and especially HNWIs are increasingly turning to alternative assets and strategies, says Shane Meredith, head of sales for the Asia-Pacific region at SuisseTechPartners, amid dissatisfaction with traditional investments and the prospect of higher returns. The popularity of alternative investments is growing because of rising distrust of traditional bond and equity markets. The media is also driving interest in alternative investment by highlighting the growth of Bitcoin and the billionaires who invest in it.
An alternative investment is a financial asset that is not based on stocks, bonds or fiat currencies. As a rule, alternative investments tend to be illiquid and are often unregulated by governments. Wealth managers have traditionally cautioned...
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