Americans decision their money abroad after all election. “ erstwhile the fresh president of the United States comes to power, we see a sharp increase in client request all 4 years, ” explains Jamie Vrijhof-Droese of the Swiss asset management company WHVP. However, this time the interest is "exceptionally" high.
Compared to the time erstwhile he took office Joe Bidendemand from WHVP customers increased by 50%. The influx was even 4 times higher. According to “Neue Zurcher Zeitung”, a private bank of Pictet based in Geneva besides reported an increase in request from fresh and current customers in its US Pictet North America Advisors unit.
According to bankers, these are not only US citizens but besides foreigners who have lived and worked in the US for a long time. akin trends can besides be observed in Dubai, Singapore and, above all, in the UK.
Affluent Republicans among clients
According to the head of WHVP, Vrijhof-Droesy, in the past customers were mostly dissatisfied voters of the organization that lost. In protest, they exported their money from the country. Due to Trump's chaotic behavior, this time there is interpartisan uncertainty.
— Many Republicans besides come to us this year due to the fact that politics has become unpredictable and worry about the devaluation of the US dollar,” explains Vrijhof-Droese.
Although WHVP is only a medium-sized asset management company, it specializes in US customers. He invests in both Swiss shares and Swiss franc.
