Investors ‘overweight’ in US and European assets, should increase Chinese holdings, Ray Dalio tells Hong Kong FinTech Week

//Investors ‘overweight’ in US and European assets, should increase Chinese holdings, Ray Dalio tells Hong Kong FinTech Week

Investors ‘overweight’ in US and European assets, should increase Chinese holdings, Ray Dalio tells Hong Kong FinTech Week

Investors across the world should diversify further into Chinese assets, as it opens its capital markets and challenges the United States in areas ranging from trade to technology, American billionaire investor Ray Dalio said on Monday.“The world is overweight in … US and European assets relative to Chinese assets,” he said during a Hong Kong FinTech Week webinar. Dalio is the founder of Westport, Connecticut-based hedge fund Bridgewater Associates, the world’s biggest such firm. Bridgewater…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-11-02T14:30:11+00:00 November 2nd, 2020|Business|Comments Off on Investors ‘overweight’ in US and European assets, should increase Chinese holdings, Ray Dalio tells Hong Kong FinTech Week