As many of you might have read, Vangaurd is going to scale down/move out from Hong Kong and Japan, and increase presence in Shanghai instead for their operations in Asia, a move to focus on individual investors in mainland China which could be immensely profitable. I am wondering what implications this has with the escalating tension and conflict between US (and Five Eyes) and China. It is no news that trying to profit from both sides/markets is becoming increasingly treacherous (Just look at HSBC).
In particular,
1) Will it make Vanguard more exposed and vulnerable to sanctions and other forms of trade barriers in the crossfire?
2) Would it be prudent to divest from Vanguard products? Or would this be an over-reaction?
What are your thoughts?
Submitted August 28, 2020 at 10:05PM by BBQ_MasterMP https://ift.tt/2EEwf6j
