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Key Current Trends in Private Banking In a tough year, ? We have noticed a change in the investment behavior of our clients, which is dictated by the current global situation. For example, there has been strong demand for issuance of corporate bonds denominated in renminbi. In particular, of customers participated in all initial placements of such instruments in 2009. The current situation in the stock market also prompts clients to follow inflation risk hedging strategies (Price Risk Insurance.
Trends including by diversifying capital in favor of real estate, investing in securities of the precious moible number data metals and energy sector. Are there more global trends in the behavior of Russian private banking clients? What I am trying to say is that there is a tendency in financial markets to abandon risky assets. As a result, risk appetite among clients has declined significantly, with interest shifting to fixed income instruments and classic savings products.

In particular, China's mortgage-backed securities and infrastructure bonds are particularly popular among ruble-denominated instruments. They are quite conservative and at the same time attractive as an investment. In addition, for many clients choosing infrastructure bonds, their essential components also matter a great deal about the product's social and image value. The second point I call a positive shift of customers away from using classic foreign currencies in the form of dollars and euros to alternative options.
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