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Top Questions from our Clients - July 2025

Top Questions from our Clients
This insight is about
Top Questions
US
Diversification
Multi-asset
AI

CIO Virtual Roundtable: Looking Beyond the Noise - Unlocking Resilient Investment Strategies Amid Uncertainties

by Chief Investment Office, HSBC Private Bank
Jun 27, 2025

Welcome to a special edition of our publication, where we address client questions in video format.

As we enter the second half of 2025, markets remain constructive. Following the ceasefire in Iran, the focus may shift back to familiar topics. The ‘wall of worry’ around shifting US trade policy, remaining geopolitical uncertainties and tariff negotiations is countered by resilient US earnings, healthy macro data and a renewed wave of AI-driven optimism. In our July 2025 CIO Virtual Roundtable, Global CIO Willem Sels along with regional CIOs from Asia, EMEA, the UK, and the US address the most pressing clients questions we encountered during our Q3 Investment Outlook roadshows and various meetings. 

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Top Questions from our Clients - July 2025

We address all of the following hot topics:

Q1: Can the US equity rebound continue, and should we pursue the rally?  

Q2: Are investors really pulling out of US assets – and should we follow the outflows?

Q3: Is the US dollar in structural decline – and should we hedge USD exposure?

Q4: Do Chinese equities require further domestic stimulus to rally—if so, when is meaningful support likely?

Q5: Who stands to benefit more from AI: the US or China?

Q6: Bonds are more volatile, so how do we diversify our portfolio? 

This is a marketing communication from HSBC Private Bank, which is the main private bank business within the HSBC Group. Private banking services are delivered by various HSBC companies around the world, depending on local laws and regulations. The services described in this document may be provided by different HSBC entities, and members of the HSBC Group may also trade in the products mentioned here.

 

This document is not independent investment research under the European Markets in Financial Instruments Directive (‘MiFID’) or other relevant regulations and is not subject to restrictions on dealing ahead of its distribution. This means HSBC and its staff may have an interest in the products or services mentioned before this document is shared with you.

 

The information in this document is for general information only and is intended for HSBC Private Bank clients. It does not constitute, and should not be construed as, legal, tax or investment advice, or a solicitation, offer, or recommendation to buy or sell any financial products or services.

Some HSBC offices may act only as representatives of HSBC Private Bank and are not permitted to sell products, provide services, or offer advice to customers. Not all products or services are available in all jurisdictions. For a complete list of HSBC Private Bank entities and their regulatory status, please visit our HSBC Private Bank website.

 

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