Four in 10 rich UAE investors plan to invest more in next 6 months, UBS says – The National

Four in 10 rich UAE investors plan to invest more in next 6 months, UBS says – The National

Four in 10 rich UAE investors plan to invest more in next 6 months, UBS says. We also know that our local clients and prospects are resilient and fundamentally optimistic, with 43 per_cent even considering investing more," said Niels Zilkens, head of UBS Global Wealth Management for the Arabian Gulf.. The survey, which polled 4,100 wealthy investors and business owners in 14 markets in April, found that 47 per cent of global investors expect to keep their stock market investments the same and 37 per cent of investors plan to invest more.. The respondents comprised investors with at least $1 million (Dh3.76m) in investable assets and business owners with at least $1m in annual revenue.. 23 per_cent of those surveyed said now is a good time to buy stocks, while 61 per_cent see an opportunity to buy if stocks fall by another 5-20 per_cent.. In the UAE, 13 per cent said it is a good idea to buy stocks now, but 69 per cent of those polled are waiting until stocks drop further.. Despite the dismal picture, 70 per cent of the UBS survey respondents said they are optimistic about the long-term economic outlook for their region, virtually unchanged from