Recent research conducted by Lloyds TSB Private Banking suggests Emirati investors are responding to on-going volatility in financial markets by selling higher risk investments and holding more cash.
The bi-annual Investor Outlook Survey by Lloyds TSB Private Banking reveals that 28 per cent of investors in the UAE increased their cash allocation in the past six months, against only 18 per cent who decreased it.
This trend is set to continue with 32 per cent of investors planning to up their cash exposure in the next six months, while only nine per cent plan a decrease. At the same time, almost 70 per cent of British expats in the Emirates increased their cash holdings while just 17 per cent decreased it.
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