The world's richest people poured billions into stocks at the start of the coronavirus crisis, but now they're looking elsewhere to make their money
Published
· UBS says its ultra wealthy clients are moving out of stocks to invest in more illiquid areas.
· Some of these include residential real estate and private equity, the Swiss bank said in a report this week.
· Josef Stadler, head of family office at UBS Wealth Management said many of its ultra wealthy clients took loans to...