Family offices have made big investments in u. S. But largely ignored gold, and totally ignored bitcoin


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These were the conclusions of a report by UBS Wealth Management which canvassed 317 family offices - private wealth management firms handling the assets of ultra-high net worth individuals,


generally running $100 million or more - to assess investment trends for this investor base. Family offices surveyed managed on average $1.1 billion and almost 80% of them were located in


North America and Western Europe. Of note was the realization that in the last five years U.S. family offices have largely withdrawn from international markets.