HK multi-family office ditching credit, stocks for cash
Silverhorn Investment Advisors has seen most of its clients pull money from directional equity and high-yield strategies and put as much as 30% of portfolios into cash.
Hong Kong-based Silverhorn Investment Advisors has seen most of its clients switch out of directional credit and equity strategies and park as much as 30% of their portfolios in cash, amid the ongoing market turmoil.
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