Robo-advisers diverge on regulatory risk in China tech exposure
Some retail robo-advisers leaning towards Asian equities and Reits amid Beijing's clampdown on big tech, run-up in US counters
Singapore
QUESTIONS are mounting over lofty stock valuations in the US and China's antitrust squeeze on its tech behemoths, and retail robo-advisers have responded in different ways to rejig their tech exposure in 2021.
Still, this comes as global vaccine rollouts and hopes of economic recovery this year have pushed most robo-advisers to broadly favour equities over fixed income, with a keen preference for Asian assets.
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