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Protectionism fears should not prompt portfolio shifts: UBS

Clients advised to tweak portfolios by cutting Asean exposure and hedge against currency positions

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Even during this period of greatest uncertainty brought by fears of more trade protectionism, Singapore millionaires are not advised to make large shifts in portfolios to guard against trade wars, said a senior UBS banker.

Singapore

EVEN during this period of greatest uncertainty brought by fears of more trade protectionism, Singapore millionaires are not advised to make large shifts in portfolios to guard against trade wars, said a senior UBS banker.

Economic growth has hummed along despite the

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