Family Offices Cut US Exposure, Favor China in UBS Survey of 307 Firms
Updated
Updated · South China Morning Post · Jun 1
Family Offices Cut US Exposure, Favor China in UBS Survey of 307 Firms
7 articles · Updated · South China Morning Post · Jun 1
307 family offices surveyed by UBS said they are reducing exposure to US assets and favoring China, even as North America remains the largest share of their portfolios.
Diversification is driving the shift: the report said wealthy families are spreading investments across Asia, western Europe and more currencies amid a more complex global landscape.
Emerging-market equities and infrastructure are drawing fresh allocations as portfolios gradually tilt away from a heavier US concentration rather than abandoning North America altogether.
The offices surveyed manage wealth for ultra-rich families with an average net worth of $2.7 billion, making the moves a notable signal of how global private capital is being repositioned.
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