Capital protection: Asian clients’ eternal theme I One region, many markets: where Asia’s wealthy put their money
IF YOU HAVE been taking a daring, ahead-of-the-curve punt by putting money into Vietnam, perhaps through one of the many new country-specific funds that have sprung up in the past few months, here’s an irksome thought. Private banks in Asia had their clients in there a year ago and in some cases are now starting to pull them back out again.
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