Asian HNWIs fret about fixed-income portfolio outlook

Wealthy Asian investors are concerned about the potential impact of rising interest rates on their fixed income-heavy portfolios as they head into 2018, according to private bank advisory and investment experts, given a historical tendency for bonds to perfom less well when monetary policy is tightened.  So with US rates going up for the third time this year on Wednesday (December 13), three more US hikes projected next year, and the dollar still the world's main currency, those c…