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Millionaires say this is most unpredictable period in history: UBS survey

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Eight in 10 millionaires across seven markets, including Singapore, believe this is the most unpredictable period in history, UBS Wealth Management said on Wednesday.

EIGHT in 10 millionaires across seven markets, including Singapore, believe this is the most unpredictable period in history, UBS Wealth Management said on Wednesday.

But nearly 80 per cent of Singaporean millionaires are confident in their ability to assess financial risks - and they are more confident than their Hong Kong and Japan counterparts.

The Swiss private bank surveyed 2,842 millionaires, including 401 millionaires in Singapore. Singaporeans surveyed see the risk of greater trade barriers as the biggest source of domestic uncertainty.

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