Wealthy families pile into bonds, private equity while shedding stocks

Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup's private bank. More than half of the 268 family offices polled, accounting for a combined net worth of $565 billion, increased…#citigroup #hanneshofmann #citiprivatebank #uschina #idaliu

Source: Reuters: Health - September 12, 2023 Category: Consumer Health News Source Type: news