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Commentary
Being an accredited investor seems like a losing proposition for many individuals
How realistic are the assumptions about this category of investors?
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Accredited investors are assumed to be better informed, and better able to access resources to protect their own interests.
PHOTO: PEXELS
SINGAPORE - Accredited investors have had a run of poor luck in 2023 with the Credit Suisse Additional Tier 1 bond saga that wiped out a large portion of their savings.
Hundreds of such local investors lost millions of dollars following the Swiss authorities’ unilateral decision to slash the value of these bonds to zero.
