Private Wealth
16 Sep 2026
Asia DPM Allocation After US Concentration
Discretionary books in the region are being rebuilt around a reduction in US equity weight. Lombard Odier’s published 2026 Asia DPM stance overweight emerging-market equities, underweight US equities, holds fixed income neutral with an EM-bond tilt, uses convertibles for optionality and treats gold as a core holding. Digital assets are excluded.