Wealthy Investors Worry About Lack of Cash If Pandemic Returns
- 70% say they were financially affected by Covid-19 crisis
- Majority anticipate traveling less and working remotely more
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The fallout from coronavirus has provoked fears among the world’s wealthy, with the majority planning to curtail travel and move closer to family in a world they see permanently altered by the pandemic.
More than half of respondents in a survey of wealthy investors by UBS Group AG said they feared not having enough liquidity in the event of another pandemic, while a similar percentage expressed worry about leaving sufficient money to their heirs.