San Francisco Chronicle – Wealth managers are looking to boost allocations to markets in the Asia-Pacific region in the next 12 months as they expect higher returns, according to a study by Scorpio Partnership Ltd.
Eighty-four percent of investment professionals at wealth management companies are planning to invest more in the region, while 33 percent are considering increasing investments in Latin America, the Middle East and North Africa, the study showed. About 31 percent of the managers expect to lift their alternative investments, including hedge funds, in the coming months, it showed.