HSBC: High-net-worth investors in Singapore and Malaysia retain crypto asset allocations, but funds are shifting toward gold, deposits, and alternative assets

BlockBeats News, July 28, HSBC released the report *Affluent Investor Snapshot 2026*, which shows that the average allocation of crypto assets among global affluent and high-net-worth investors this year is 6%, down 1 percentage point from 2025, but there is no significant trend of exiting the market. The report indicates that the crypto asset allocation ratio for Singaporean investors is 5%, unchanged from last year, while Malaysian investors maintain a 6% allocation, also stable. Investors in both regions do not view crypto assets as a core component of wealth allocation but rather as part of a diversified investment portfolio. Meanwhile, investors are reducing cash holdings and increasing allocations to other assets. Globally, cash and cash equivalents account for 19% of investment portfolios, down 1 percentage point from last year; equity allocations have risen to 16%, while fixed income and bonds account for 14%. In Singapore, assets that investors plan to increase allocations to over the next 12 months primarily include fixed deposits, alternative investments, and gold, with alternative investments showing a clear growth trend. Malaysian investors, on the other hand, are more inclined toward gold, fixed deposits, and alternative assets, with the highest planned increase in gold allocation over the next 12 months. Affluent investors in Southeast Asia have not abandoned crypto assets, but as market conditions evolve, their positioning is shifting from high-risk growth assets to satellite allocations, forming diversified portfolios alongside traditional assets such as equities, bonds, insurance, and gold. [Original Link]