A global survey by Citi showed there has been a shift out of cash and into risk assets by family offices around the world with one notable exception, Asia.
A global survey by Citi showed there has been a shift out of cash and into risk assets by family offices around the world with one notable exception, Asia.
Family offices maintain a “watch and wait” approach to their portfolios but for the third straight quarter, they shifted a modest amount of cash to a broad range of asset classes, according to Citi Private Bank.