Rich Asian Investors Opt to Unwind Holdings Amid Margin Calls
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Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral after the tumult in global markets triggered a slew of margin calls, according to people familiar with the matter.
Multi-millionaire investors from Hong Kong to Singapore at several large European and US lenders are taking a dim view of the outlook for global stocks as uncertainty over President Donald Trump’s tariff program keeps them on edge, said their bankers, declining to be identified as the details are private.