MarketsSpooked by US policy, investors look to Asia and cut dollar assets
Geopolitical and trade tensions fuel discussion of need to diversify
Geopolitical risks and Washington's volatile tariff policies are causing Asian investors to diversify holdings away from dollar assets. © Reuters
NEW YORK/HONG KONG -- Wealthy investors are scaling back their exposure to the U.S. and turning to other assets in response to volatile trade policy and renewed fears that tensions between the world's two largest economies could spread to the financial sector.