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Asians still investing too little, too late

Retail investors in the region say saving for retirement is a top priority, yet they continue to rely heavily on cash deposits, which offer little to negative returns.
Asians still investing too little, too late
Although Asian investors cite saving for retirement as a chief concern, few are taking the necessary steps to prepare for it and, in some cases, have started saving too late, according to Manulife Asset Management. In Asia, 40% of investors’ capital is held in cash and bank deposits, which are historically very poor investments, as they provide low or negative real rates of return. "By staying in cash, investors miss out on better and longer-term investment opportunities,” the sur…
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