Amy Lo Reveals Wealthy Clients Are Pivoting to Crypto and Gold Amid Dollar Decline

By: blockchainreporter|2025/05/14 14:15:05
0
Share
copy
With the continuous intensity in the global economy, there is a huge shift away from U.S. dollar-based assets. UBS Group’s high-net-worth clients now favor gold, cryptocurrencies, and Chinese investments. Amy Lo, Co-Head of Wealth Management for Asia at UBS, highlights the growing trend. She has spotlighted this during her interview at Bloomberg New Voices.The event was held on Tuesday in Hong Kong, where Lo unveiled the matter of mounting trade tensions between China and the United States. Because of the increasing tension between the two countries, the wealthy investors diversified their portfolios. Now, they have a keen focus on gold and crypto instead of traditional U.S.-centric assets.Amy Lo Highlights Wealth Shift Beyond the U.S. DollarAmy Lo, while giving an interview to Bloomberg’s Yvonne Man, emphasized the growing importance of gold. It becomes the popular choice of investors, providing a hedge against geopolitical instability and inflation. Lo stated, “Gold is very popular now,” highlighting a bold leap towards strong alternatives.Investors, along with gold, now show interest in cryptocurrencies and Chinese assets. One particular reason for choosing these assets is that they mitigate the risks arising from political landscapes and economic pressure. The volatility in the global markets reinforces the demand for a strategic shift.Cryptocurrencies and Chinese Markets Take Center StageAmy Lo emphasized that the clients now aim to explore digital currencies and alternative investments along with precious metal “gold.” She pointed out that cryptocurrencies are now a serious alternative to preserve wealth. It was once considered speculative, but now people are turning towards it.Chinese assets are also gaining traction, giving investors opportunities to play beyond the Western financial ecosystem. The world is shifting towards power dynamics, and with this, the UBS’s clientele is turning towards a more resilient and diversified future for finance.

You may also like

WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

The cryptocurrency industry has become a traditional industry

For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com