Financial advisers say investors underestimate passive risks

High-net-worth and retail investors in Asia are increasingly keen on passive investments such as exchange-traded funds, but don’t sufficiently consider the risks they represent, according to most financial advisers. Natixis Global Asset Management conducted its Annual Survey of Financial Advisers, the results of which it is releasing today. While 2,550 advisers participated across the world, the survey included 150 from Hong Kong and 150 from Singapore. The findings showed that …